Hedera’s 8% Surge on Robinhood Sparks One Burning Question: Could $0.39 Be Just Around the Corner?
The strong gains in July meant that the market structure was bullish. Even the retracement from $0.3 did not form a lower low, but remained above the $0.234 support.
Momentum indicators support further gains
During this pullback, the RSI reset from overbought conditions to a healthy bullish reading of 65.
This meant that there was more space for Hedera prices to push higher again.
Meanwhile, the OBV continues its steady climb, signaling consistent accumulation and buy-side pressure throughout the rally.
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