HBAR gained over 24%, surpassing major resistance levels and closing at $0.245 with an intraday high of $0.251.
Technical indicators like MACD and RSI signal a bullish trend, with HBAR forming higher highs and higher lows, supported by the 200 EMA at $0.209.
Hedera's Total Value Locked (TVL) surged by 24%, indicating increased DeFi activity and liquidity on-chain, with stablecoin cap also rising.
With a market cap over $10.2 billion, HBAR's rally is supported by both technicals and fundamentals, paving the way for a potential push towards the $0.30 resistance level.