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Hedera Price Prediction: HBAR Faces $0.160 Resistance as Bulls Attempt Recovery

  • HBAR token faces resistance at $0.160 as bulls attempt recovery, trading in a narrow range with limited upside potential.
  • Market data suggests a cautious outlook with neutral volume, momentum indicators, and open interest.
  • Intraday bounce above $0.1555 fails to sustain as volume weakens, indicating a reassertion of selling pressure.
  • Short-term price action stalls below the resistance level, with indicators showing recovery attempts are fragile and range-bound.

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