Hedera (HBAR) has experienced a short-term rebound, climbing above $0.21 in the last 24 hours. However, it is still trying to recover from a 40% correction over the past 30 days. Technical indicators suggest that bearish momentum is still dominant, with ADX readings indicating a lack of strength in the current trend and the Ichimoku Cloud setup reinforcing resistance. The EMAs also show a bearish structure, and HBAR faces key levels that will determine whether it can continue to recover or experience further downside. Overall, the current trend has not firmly established a shift from a downtrend to an uptrend, and a sustained recovery would require further confirmation.



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