Hedera’s Hbar token endured a sharp sale over the past 24 hours, falling 5% from $ 0.24 to $ 0.23 while entrepreneurs loaded positions in heavy quantities. The steep decline came early Wednesday, more than 277 million tokens changed the hands between 6:00 and 09:00 pm, forcing prices by $ 0.235 support levels and short drag the token with lows near $ 0.226. Consumers entered those levels, helping HBAR stabilize, even attempts to re -re -re -re -re -re -renewed a firm resistance.
The pressure intensified again later in the session, with a one -hour fall from $ 0.229 to $ 0.226 marked with concentrated sale. The trading activity emerged at 13:30 and again after 14:00 UTC, pushing the token less than $ 0.2245 before a moderate rebound. That bounce was stuck at $ 0.227- $ 0.229, leaving HBAR just lying above the newly established support at $ 0.225.
The chaos came amid a significant US regulation in the US Commodity Futures Trading Commission (CFTC) This week has released new guidance that allows US entrepreneurs to access ashore markets through the Foreign Board of Trade Advisory. Analysts suggest that the move can open fresh liquidity pipelines for digital properties, including mid-cap tokens such as HBAR, at a time when institutional flows are increasingly targeting undervalued corners of decentralized finances.
So far, however, the technical picture remains fragile. HBAR holds above the $ 0.226 support area but faces hard resistance to any rally attempts. At prices sitting near $ 0.23, entrepreneurs are watching if CFTC regulatory regulation may exceed the near term of bearish pressure and spark renewed demand for the token.
Technical indicators show basic levels
- The volume explosion reached 277.89 million during the peak that sells deaths, proving the insurmountable resistance to around $ 0.235.
- Support the forts established at $ 0.226- $ 0.228 where the purchase of interest provided desperate stabilization.
- Resistance fortifications remain bulletproof at $ 0.235- $ 0.241 where previous rallies are systematically destroyed.
- Make-or-break zone support placed at $ 0.2245- $ 0.225 following periods of apocalyptic sale.
- The evaporation of volume during recovery attempts indicates potential integration -with the battleground.
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