Hedera’s HBAR is currently trading at approximately $0.364, showing an 8% surge in the last day. The exchanges’ outflows suggest a bullish sentiment among long-term holders, with $13.9 million HBAR leaving exchanges.
The Long/Short Ratio indicates a bearish outlook among day traders, standing at 0.89, even as overall market sentiment appears to be recovering. Resistance is noted at $0.378, with a break potentially leading to a 22% rally.