HBAR fell 5.4% in the past 24 hours, sliding from $0.1792 to $0.1695 as sellers regained control. The token is tracking a series of lower highs within a volatile $0.0140 trading range, pointing to accelerating momentum.
Heavy selling intensified at $0.1820, where 123.7 million tokens—95% above the 24-hour average—were exchanged, prompting a rapid decline and sharp move below support levels.
After briefly stabilizing near $0.1684 overnight, HBAR remained under pressure as each recovery attempt was met with renewed selling. The bearish tone dominated most of the session, keeping the token pinned near its lows and strengthening the short-term downtrend.
A burst of volatility hit later in the day when HBAR advanced from $0.1692 to $0.1708 in two minutes around 13:57, accompanied by a spike in volume of 5.4 million tokens. The quick rally hinted at a possible short-term breakout attempt but failed to gain traction above $0.1712, where sellers quickly regained control.
The decline of the late move underscores the ongoing tension between technical stability and prevailing bearish momentum. Immediate support today sits at $0.1692-$0.1695, with a breakdown below that zone likely to retest overnight lows near $0.1684.
The main level of technical level of breakdown risk for HBAR
- Support/Resistance: Primary resistance locked at $0.1820 with secondary resistance at $0.1712; Immediate cluster support defending $0.1692-$0.1695 zone above critical $0.1684 floor
- Quantitative Assessment: Fireworks 5.4m Share Spike During 13:57-13:58 Breakout attempt signal Institutional interest; 95% above-average volume proves resistance to rejection points
- Chart patterns: established bearish trend featuring consecutive lower highs temporarily interrupted by a late session reversal; Failed channel breakout reinforces downside bias
- Targets and Risk/Reward: Immediate Downside Target $0.1684 Overnight Lows; Recovery requires sustained recovery of $0.1708-$0.1712 resistance to confirm volume expansion
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