Hedera Holds Near $0.27 as Key Support and Bullish Reversal Pattern Emerge

A potentially bullish development has emerged on shorter timeframes, with analyst Crypto Joe identifying a double bottom formation near the $0.265 support level. This classic reversal pattern shows two distinct price dips that found buyers at the same level, suggesting accumulation may be occurring. The pattern’s neckline sits at $0.273, and a decisive break above this point could signal a momentum shift favoring buyers.

$HAEDAL is signaling a powerful bullish reversal on the daily timeframe, breaking out of a classic falling wedge! 📷

After trading within a Falling Wedge pattern, $HAEDAL has achieved a clean breakout and is currently retesting its Support Area around $0.000000028 -… pic.twitter.com/UxIcQm64Wf

— 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 (@Karman_1s) July 28, 2025

Volume Analysis Points to Key Support Levels