McLaren Deal Puts Hedera In The Spotlight As HBAR Traders Watch A Breakout

McLaren Racing has joined Hedera’s governing council, giving the network a fresh shot of attention just as HBAR trades near $0.08. The token was up 1.40% over 24 hours, but it was still down 6% over the past week, leaving traders with a mixed picture. Related Reading: Bitcoin Ends 5-Month Losing Run — Real Reversal Or Just April Fool’s Hype? Trading Volume Slips As Price Stays Tight According to Coingecko data cited in the report, HBAR’s 24-hour trading volume fell 15% to $87 million. That drop points to softer short-term activity even as the price held near a key range. The token has also spent recent sessions moving inside a tight band, which often draws attention when a larger move may be building. Crypto analyst ChartNerd said a long-range target of $1.80 is still in play, but the setup depends on a clear break above resistance. The chart view in the report points to a converging triangle pattern, with higher lows forming underneath and lower highs pressing down from above. That ki