HBAR surged on Thursday, jumping from $0.1457 to $0.1494 as institutional flows accelerated and volume spiked 96% above its 24-hour average. The breakout gained traction around 08:00 GMT, with steady higher lows forming across a $0.0054 range and delivering a 3.5% intraday gain.

HBAR briefly touched $0.1506 before profit-taking cooled momentum, though support at $0.1450 held through repeated tests. Short-term data showed a sharp acceleration from $0.1472 to $0.1502, fueled by a burst of more than 6.17 million in volume during a two-minute window that appeared to trigger algorithmic breakout buying.

With no major fundamental catalysts in play, technical dynamics drove the rally, highlighted by accumulation patterns and sustained institutional participation. The structure of the uptrend remains firm, with traders eyeing continuation toward the psychologically important $0.1510–$0.1520 zone. Still, profit-taking around $0.1506 introduces near-term friction, making upcoming volume behavior key to assessing whether smart money is distributing at higher levels.

Key Technical Levels Signal Continuation Potential for HBAR

Support/Resistance: Breakout level at $0.1480 now acts as primary support, with immediate resistance at $0.1502 and key targets at $0.1510-0.1520 zone.

Volume Analysis: Institutional flows peaked at 99.28 million (96% above average), concentrated spikes exceeded 6.17 million during acceleration phase confirming accumulation.

Chart Patterns: Ascending trendline intact with higher lows, clean breakout through $0.1480 validated on exceptional volume.

Targets & Risk/Reward: Next targets $0.1510-0.1520 with protective stop at $0.1450, favorable 2:1 reward-to-risk from current levels.

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