Hedera’s Hbar token faces a modified sale pressure as institutional investors have exposed exposure, pushing for almost 4% between August 31 and September 1st.
The heaviest sale appeared in the after -time hours, if more than 110 million tokens exchanged hands, emphasizing the signs of coordinated divestment. Market manufacturers have sought to stabilize the price at $ 0.21- $ 0.22, but the resistance hardened just above $ 0.22, covering any significant recovery.
Despite the collapse, Hedera continues to position herself as a platform for business adoption. The volume of sun -sun trade fell 46% to $ 172.85 million while the network maintains a market capitalization of near $ 9.5 billion.
The sale of pressure was accelerated at the final time of September 1’s trade, HBAR briefly violated many support levels. Excessive 3.5 million tokens changed hands to a single minute as the token slipped under $ 0.22 resistance, closing the session near its lows. To sellers who maintain control and institutional flow that is leaning negatively, the market has signaled that further corporate reposition can proceed to a near term.
Assessment of market structure shows institutional repositioning
- Sharing price declined from $ 0.22 to $ 0.22 representing trade ranges of $ 0.01 or 5% between maximum and minimum session levels.
- Trade volume exceeds 110 million tokens during overnight hours indicating significant institutional activity and potential portfolio balancing.
- Support levels appeared around $ 0.21- $ 0.22 range with subsequent recovery attempts failing to get institutional backing.
- The resistance is formed near $ 0.22- $ 0.23 levels at which price detection continues to encounter pressure sale throughout the trading period.
- Multiple support level violations occurred at $ 0.22 and $ 0.22 with sellers that maintain market control.
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