Hedera HBAR Tests Key Resistance at $0.160 Amid Bullish Recovery Attempt

BTCC / BTCC Square / Global Cryptocurrency /

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2025-07-06 23:18:13

[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN] Hedera HBAR News -

Hedera's HBAR is facing strong resistance at the $0.160 level, currently trading around $0.154 as of July 6, 2025. Market sentiment remains neutral with cautious trading activity reflected in volume and momentum indicators. Despite a brief intraday rally from $0.152 to $0.155, the price failed to hold gains, closing at $0.153071 with declining volume.

Daily trading volume fell to $119.11 million from $162 million, indicating weak market participation. With a $6.49 billion market cap (ranked #27), HBAR needs stronger bullish conviction to overcome current selling pressure. The lack of follow-through suggests bears still dominate near-term price action.

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