HBAR exchanged sharp volatility in a 23-hour window from September 23 to 24, only gaining 0.90% despite widely intraday swings. The token reached between $ 0.217 and $ 0.225, with a critical 04pm session on September 24 which marks a steep collapse at $ 0.217 before a strong rebound. The zone now acts as support, while $ 0.225 remains a steady resistance.
Trade volumes suggest institutional players walk during the sale. The turnover hit 97.05 million at 7am, over 37.89 million average, signing accumulation at a lower level. Later, the sale of pressure returned, with a slipping of HBAR from $ 0.224 to $ 0.223 at the last time of trading in the quantity of almost triple the standard.
Volatility comes next to a major development: Canary capital filing for an HBAR ETF area with a 1.95% cost ratio. Analysts said the transition emphasized the recognition of institutional recognition of the hedera’s technology and could support long -term growth, with price targets of $ 0.50 by 2025–2026 and $ 1.60 or more than 2030.
In the near term, HBAR performance depends on whether the support of $ 0.217- $ 0.218 holds and if institutional demand continues to be able to offset the sale of pressure around $ 0.225.
Technical indicators feature support levels
- The zone support established at $ 0.217- $ 0.218 in the Lows sessions
- Ceiling resistance forms near $ 0.225 throughout the trading period
- The volume explosion at 97.05 million at 04:00 am confirming the institutional purchase
- The $ 0.007 trading range represents 3.22% volatility throughout the 23-hour window
- Final Triple Time Time to 1.79 million, signaling distribution pressure
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