After rallying more than 28% over the past week, HBAR is now staring at a major resistance level, raising a critical question: Can the bulls keep this run alive, or is exhaustion setting in? The push came shortly after HBAR was added to Grayscale’s Smart Contract Fund, a move that stirred new optimism and volume. But HBAR price is now hovering around the $0. 20430 mark, a technically significant level tied to recent Fibonacci extensions, and momentum appears to be slowing, at least on the surface. Bull Power and Netflows Still Favor the Upside On-chain metrics, however, tell a more nuanced story
source: https://beincrypto.com/hbar-price-faces-0-204-hurdle-after-28-rally/