HBAR experienced a sharp collapse in a 23-hour trading window between September 21 and 22, as the token fell from $ 0.24 to $ 0.22. 6.29% denial is accompanied by a dramatic expansion in volatility, with trading ranges of up to 9.7% – more than monthly averages. Market pressure intensified as institutional sellers pushed lower prices, establishing steady resistance around the $ 0.235- $ 0.24 zone and spanning a wave of destruction.
The most pronounced sales pressure arrived at midnight on September 22, when the volumes advanced to 137.11 million, almost triple the day -to -day baseline. This spike marked the peak of sale as a market sentiment that soured in crypto assets, boosting HBAR’s collapse. In the trough, the token spun around $ 0.22, which signed potential capitulation to short-term holders.
However, the session ended with a well -known rebound. At the final time of trading, the bulls were re -granted momentum, pushing HBAR from $ 0.2197 to $ 0.2222. A breakout above the $ 0.22 threshold was fueled by a rare 6.21 million in volume in minutes, sparking a short-lived rally towards session highs near $ 0.2225. Recovery emphasizes the dynamic driven of the token, even though volumes have collapsed in zero for the last three minutes, suggesting a temporary balance.
The volatile HBAR session features the increased sensitivity of the crypto market to institutional flows and emotional returns. The combination of sharp declines, outsized volume spikes, and a final stage of the rebound describes a rapid changes in liquidity that determine the digital asset markets-which is carried out how fast the pressure develops can pave the way for opportunist purchase.
Basic technical indicators
- Price drops 6% from $ 0.24 to $ 0.22 over 23-hour periods from 21 September 15:00 to 22 September 14:00.
- The volume exploded at 137.11 million at 22 September 00: 00 – almost triple daily average baseline.
- The bears have established strong resistance to the $ 0.24 level where the price returns strictly to heavy sales.
- The Bulls Mount 1% Recovery Rally at the final 60 minutes from 22 September 13:09 to 14:08.
- The breakout above the $ 0.22 resistance occurs at 13:54 in the rare 6.21 million volume of flow.
- The amount of trading at zero in the final three minutes signal temporarily pausing the market after the session change.
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