Hedera (HBAR) price rebounds 21% but remains in a downtrend below key 200-day average.

Hedera (HBAR) has risen about 21.7% from its recent low, trading at roughly $0.0786, but remains 14.5% below its 200-day moving average of $0.0920, indicating the overall downtrend is not yet broken. The short-term momentum is positive, but the relative strength index near 69 suggests the price may face a pullback soon. Trading volume is modest, implying the rally might be a relief bounce rather than a strong recovery. Long-term positives include a fixed token supply and institutional governance, but investors should watch if HBAR can break above and hold the 200-day average to confirm a trend reversal.