Hedera's HBAR Faces Resistance at $0.1035 Amid Mixed Market Sentiment

Hedera's native token, HBAR, is encountering resistance as it approaches the $0.10 price level. According to NS3.AI, the token struggled to maintain momentum above $0.1035 due to resistance. Indicators such as the Money Flow Index suggest increasing buying pressure, while derivatives funding rates show mixed sentiment, indicating trader hesitation. Currently, HBAR is trading near the 38.2% Fibonacci retracement support at $0.0961. A decisive breakout above $0.1035 could lead to further gains, targeting approximately $0.1109. Conversely, failure to hold support might result in a decline in prices.