Hedera (HBAR), a popular cryptocurrency within the blockchain space, has been grappling with a recent downtrend, with its price failing to maintain support at the $0.200 mark. Market participants started selling due to poor purchasing traction at this price level.

The Hedera network growth and positive investor attitude point toward a future boost in HBAR”s value in the next few days. The market shows constant negative sentiment about HBAR because it has affected the price trend during this one-month period.

Investors now seem more receptive to HBAR despite their previous bearish strategies. Through its cooperation with Zoopto the Hedera Foundation achieved progress that changed investor views about Hedera.

HBAR Set for Mainstream Adoption via TikTok

Hedera”s deal with TikTok has the chance to make them accessible to many worldwide users because of TikTok”s popular platform. Mainstream users would want to buy HBAR more often when it becomes accessible through this new exposure. Hedera gains fresh investor confidence because of its new growth possibilities.

Hedera (HBAR) Faces $0.165 Resistance, Rally Towards $0.200

Hedera”s collaboration with TikTok helps people view it differently because the partnership gives Hedera unique strength among many crypto projects. HBAR will gain more fans both as an asset and a token because of this strategic collaboration.

Data shows technical improvements now start to appear in HBAR. The Chaikin Money Flow indicator reveals increasing market funds coming in from investors.

Hedera (HBAR) Faces $0.165 Resistance, Rally Towards $0.200

The growing upward pace shows that new investors are steadily entering the market even though the momentum has not overtaken zero yet. HBAR may overcome resistance points when investors show increased buying activity which would enable price growth.

HBAR Holds Below $0.165, $0.197 Remains Key Barrier

The market shows improvement but HBAR faces ongoing selling pressure. Right now the market value of the asset is $0.161 and holding below the limiting barrier at $0.165. A solid barrier stands at $0.197 that prevents HBAR from achieving higher values.

The 22% distance between HBAR”s current trading price and the resistance threshold presents a tough barrier the asset needs to overcome to move ahead. HBAR has better chances to move to $0.197 once it breaks past $0.165 because $0.177 becomes an achievable target too.

Hedera (HBAR) Faces $0.165 Resistance, Rally Towards $0.200

Watch market activity closely to make informed decisions as an investor. When investors sell more coins and buy fewer coins at the same time HBAR will find it difficult to reach $0.177 and may drop to $0.154 or $0.143.

The market decrease back towards $0.154 or $0.143 would prove that traders had underestimated the strength of the bearish pressure and extend the current consolidation zone.

Since Hedera partnered with Zoopto and plans to appear on TikTok platform it is facing a crucial decision point. The market trend for HBAR now depends on investor reception because strong demand must overcome major obstacles before these levels for substantial growth.