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HBAR price eyes 30% breakout amid V-shaped recovery

  • Hedera (HBAR) is showing signs of a potential breakout rally as the price bounces back hard following the bloodbath on Monday.
  • If Hedera’s native token extends the gains, it could see a decent 30% uptick, with charts currently showing the formation of a V-shaped recovery.
  • HBAR has recorded notable gains, up around 16%, sitting near $0.16, making it one of the top gainers on the day.
  • The 4-hour chart indicates a potential 30% breakout for HBAR, reaching around $0.22, if it breaches resistance at $0.18.

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