Altcoins News Today: Hedera (HBAR) Holds at $0.167 After Support Test; Double-Bottom Pattern Suggests Upside to $0.173

Key TakeawaysHedera (HBAR) is trading at approximately $0.1674, reflecting a recent bounce from its support level. The token slipped from around $0.1736 toward $0.1691 in the past 24 hours but found a floor near $0.1688–$0.1682.Trading volume surged notably during the support test, indicating renewed interest at the floor.A possible double-bottom pattern and emergence of higher lows suggest early signs of a trend reversal, with near-term upside targets in the $0.1720–$0.1730 zone.Price Update & Accuracy CheckHedera’s native token HBAR is currently trading at about $0.1674 USD according to CoinGecko. The prior article referenced a value of $0.1691 after a 2.6% drop from $0.1736. Given the current market figure (~$0.1674), the article’s prior numbers are broadly consistent (within rounding and timing variance). However, the previously cited volume spike (63.6 M tokens) and exact double-bottom formation remain unverified in public sources.Technical Structure & Volume ContextHBAR’s recent decline from ~$0.1736 to ~$0.1691 (≈2.6% drop) aligns with the article’s narrative of pressure near resistance. The support around $0.1688 appears to have held so far, which is positive. The claimed volume spike of 63.6 M tokens (~32% above average) cannot be confirmed with publicly available aggregated data, but given the thin-liquidity context for some altcoins, elevated volume during support tests is plausible.The mention of a double-bottom pattern forming near $0.1688–$0.1682 and subsequent higher lows is plausible but should be treated as a potential pattern, not a confirmed breakout.Support, Resistance & OutlookSupport: ~ $0.1688–$0.1682, key pivot zone to watch.Immediate resistance: ~ $0.1720–$0.1730, where a confirmed upside move could trigger further gains.Broader resistance cap: ~$0.1770 in the prior article; given current price near ~$0.1674, this remains further out.If HBAR fails to hold the ~$0.1688 support and falls below ~$0.1680, downside risk increases. Conversely, a clean breakout above ~$0.1720 with volume may open a path to ~$0.1770 or higher.