HBAR has broken out of its month-long consolidation below $0.33, surging by 20% and potentially opening the door for further gains. Its correlation to Bitcoin is strong, indicating that its price movement is closely tied to Bitcoin's trajectory. A positive movement in Bitcoin's price could enhance HBAR's upward trajectory. The RSI for HBAR is nearing the overbought zone, but historical resilience suggests it may defy bearish expectations. HBAR faces resistance at $0.39 and needs to maintain $0.33 as a support floor for continued upward momentum. If market conditions turn bearish, HBAR risks losing support and potentially invalidating the bullish outlook.



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