Hedera's HBAR Nears Key Resistance Amid Market Risks

Hedera's HBAR has demonstrated strong performance, gaining nearly 10% over the past week, as it approaches a crucial resistance level at $0.098. According to NS3.AI, technical indicators suggest a potential breakout from a falling wedge pattern, although momentum appears to be weakening. Rising market risks are evident due to increased leverage and limited institutional buying. The critical price levels of $0.098 for resistance and $0.090 for support will be pivotal in determining whether HBAR can maintain its gains or experience a pullback.