HBAR Utility Pays Off: The Hard Part Is Holding Above This Level

Hedera’s HBAR jumps about 12% as utility-driven growth and enterprise adoption fuel interest, with on-chain metrics flashing mixed signals. HBAR trades near $0.093, breaking above the mid-tier Bollinger Band, but negative Chaikin Money Flow suggests possible selling pressure. Key levels to watch: hold above $0.094 to confirm bullish momentum; a drop below $0.092 could trigger a pullback. DeFi TVL sits at $107.18 million, illustrating growing Hedera ecosystem activity alongside real-world tokenization pilots.