Hedera (HBAR) is showing signs of a potential bullish reversal as it forms a falling wedge pattern on the daily chart. The cryptocurrency recently tested support near $0.2050 and rebounded, indicating a possible shift in momentum. A breakout above the 100-day moving average at $0.2244 could further confirm this trend, with the next target potentially being the wedge’s upper resistance trendline around $0.3050. This development comes as the broader cryptocurrency market, including Ethereum (ETH), shows signs of recovery from recent volatility.