Hedera’s HBAR price surges, signaling breakout potential from a bullish chart pattern. Increased sentiment across altcoins boosts momentum, requiring follow-through buying. The Money Flow Index shows rising buying pressure, with investors accumulating as price climbs. Key resistance at $0.1084 could trigger rapid upside volatility if breached.

Short liquidation heatmap reveals $1 million in short positions at risk. Breakthrough at $0.1084 could spark price spikes as traders cover positions. Sustained bullish momentum crucial for extended gains. HBAR price at $0.1025 near $0.1030 resistance, aiming for breakout confirmation. Descending broadening wedge suggests 57% rally potential to $0.1234 target.

Investors booking profits early could increase downside risk. Pullback to $0.0901 support would invalidate bullish thesis. Hedera’s price needs consistent buying pressure for breakout sustainability and extended gains.

Read more at Yahoo Finance: Hedera (HBAR) Price Eyes 57% Rally as Short Squeeze Looms Over Traders