Hedera price breaks above crucial support as its stablecoin supply grows, is a January rally coming?

Hedera (HBAR) price recently rebounded, climbing 18% over the last week and about 21% over the past month, with a key support at $0.123 and a potential breakout from a descending channel. The rally is supported by a rising on-chain stablecoin supply (from $74.5M to $121.4M), improving market sentiment, and bullish technical signals (MACD, RSI, and double-bottom pattern). Next target around $0.160; a break could push toward $0.228, though ETF inflows remain modest.