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Hedera rallies 12% from $0.085 zone with rising Open Interest signaling strong market interest

Technical Signals
29 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Hedera (HBAR) has gained 12% over two days after bouncing decisively from the $0.085 demand zone, signaling strong buyer support. This rally is supported by a surge in Open Interest to $33 million, indicating increased market participation and confidence. Additionally, Hedera's recent recognition as a finalist for a major blockchain award adds fundamental strength to the move. If buying momentum continues, the price could push toward the $0.10 resistance level, but a slowdown in activity may cause a pause before further gains.

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