HBAR endured a volatile 24-hour stretch as institutional traders managed a narrow but intense range between $0.176 and $0.185. The token initially fell on corporate earnings before rebounding strongly in the morning hours on October 16, when business trading volumes surged above 129 million.
Despite this recovery, the momentum proved short-lived. A sharp reversal struck in the closing hours of trading, when corporate selling pressure exceeded the previous support zones. Between 14:02 and 14:04, volumes spiked above 3 million as HBAR slipped from $0.183 to $0.1805, reflecting aggressive liquidation activity.
Analysts said the move highlights a shift in institutional sentiment toward business blockchain assets. While the corporate base of the HBAR showed stability in the $0.176-$0.178 range, the prolonged resistance at $0.183-$0.185 suggests caution among institutional investors.
Overall, the pattern underscores a market caught between profit-taking and structural rebalancing, as corporate participants once again reduce exposure to blockchain-related tokens amid growing volatility.
Technical Technical Highlights the dynamic business market
- Institutional trading range of $ 0.01 representing a 5% spread between $ 0.18 low business and $ 0.19 high corporate.
- The Key Corporate Support Zone identified at the $0.18-$0.18 levels with a lot of institutional buying interest.
- Enterprise resistance levels are materially close to the $0.18-$0.19 range in the corporate recovery phase.
- Surge volume exceeded 129 million during the 09: 00-12: 00 window indicating significant institutional corporate participation.
- Final hour corporate volume spikes above 3 million suggesting institutional liquidation pressure.
- Corporate market fatigue was evidenced by zero institutional volume in the final minute of trading.
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