Hedera technical analysis: Breakout attempt faces $0.0809 resistance

Hedera (HBAR) trades around $0.0786, up 7.85% on the day, with a bullish short-term setup as it stays above the MA-20 and MA-50 and eyes a range of $0.0763-$0.0809. The key hurdle is a breakout above $0.0809, signaling a potential bullish extension. Grayscale’s withdrawal of ETF filings for Hedera-linked trusts narrows institutional access in the near term, adding regulatory uncertainty as markets reassess upside catalysts. Technical momentum remains positive, with MACD/ADX supporting buying pressure.