HBAR jumps nearly 4 percent in a day! What are investors watching after the breakout?

Hedera’s native token HBAR staged a notable comeback this week, rebounding from its low of $0.0781 recorded on June 6 and briefly surpassing the $0.082 threshold. Following this uptick, however, momentum cooled and HBAR’s price returned to a narrow trading range. Market data shows capital inflows continued during the rally, but the token still trades below key levels lost in its previous decline.Buyers step up near $0.078Capital flows back the recoveryMomentum fades below $0.0825 Buyers step up near $0.078Analyst DaVinciGraph flagged HBAR’s performance after the recent surge, highlighting strong buying interest in the last 24 hours. According to CoinGecko, HBAR climbed by approximately 3.9% over the observed period, trading around $0.0815. The token pushed above $0.082 at one point, though some of these gains were later retraced.Charts indicate that HBAR initially traded below $0.079 before mounting a robust recovery to above $0.080, targeting the $0.081 zone.On the intraday charts, the formation of higher lows following the correction signaled strengthening demand. Trading volume also increased after hitting the June 6 bottom, helping drive the price to $0.082. Once HBAR reached this area, however, the pace of buying slowed, according to market observations.Mini glossary: The Chaikin Money Flow indicator assesses both price and volume data to show whether capital is entering or exiting the market. Values above zero typically suggest buying pressure outweighs selling pressure. Capital flows back the recoveryTradingView data at press time pegged HBAR around $0.08146. On the 30-minute chart, after a broader decline from above $0.095 in early June, the price appeared to stabilize near the $0.078 mark.The Chaikin Money Flow indicator soared to 0.16, pointing to robust buying pressure during the measured period. Based on BraveNewCoin, HBAR advanced 2.96% over the last 24 hours, reaching $0.0814. During this time, HBAR fluctuated between $0.07811 and $0.08244, with daily trading volume hitting $67.33 million.Hedera is known for its focus on distributed ledger technology. Current data shows the network’s market capitalization stands at about $3.52 billion, with a circulating supply of 43.37 billion HBAR. Even so, the token remains nearly 85.8% below its all-time high of $0.57 seen in September 2021.IndicatorValueCurrent price$0.0814–$0.0814624 hour range$0.07811–$0.0824424 hour change2.96%–3.9% increaseDaily volume$67.33 millionMomentum fades below $0.0825Despite ongoing positive capital inflow, the MACD indicator pointed to waning recovery strength. The MACD line stood at 0.00014, while the signal line registered at 0.00027. With the histogram sliding to -0.00013, the latest push toward the day’s upper band showed short-term bullish momentum stalling.Analysis places the next resistance for HBAR between $0.082 and $0.0825, a region where buyers have yet to establish sustained traction above recent highs.TradingView’s outlook suggests that a decisive breakout above $0.0825 could bring $0.085 back into play, a level that previously acted as support before the latest drop. On the downside, $0.080 serves as the nearest support, and losing this threshold could send HBAR retesting its June 6 low at $0.0781.Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.