The Hedera Hashgraph’s Hbar token arrived under the heavy sale pressure of the institution over 24-hour trading period ending on October 10, with prices changing within a volatile 6% range between $ 0.21 and $ 0.22. Despite the early stability of the HBAR climbing to the Intraday’s highs near $ 0.22, the digital asset returned to the final time of trading, as institutional investors began extensively based on sellers who removed the earlier acquisitions.
Trade data was directed to exceptional activity during this sale, with volumes exploding at 262.49 million – almost six times higher than 47.32 million average sessions. The analysts identified the time of 3:00 pm on October 10 as the point of inflection, where the heaviest extermination occurred. The sudden spike in the volume and pressure price suggested coordinated sale of institutional players, perhaps part of the broader portfolio balancing.
Technically, HBAR has destroyed through many levels of support short -term this last time, with price action stabilized only as trading activity stopped at minutes of closing. Sharp collapse and subsequent prevention may reflect temporary barriers to the liquidity or closing of the trading desk as institutions have been moved to limit exposure ahead of potential regulation updates.
Technical review for corporate investors
- Basic resistance levels are formed around $ 0.22- $ 0.22 in which institutional purchase interest has repeatedly failed to materialize at higher price levels.
- Corporate support appeared around the $ 0.21- $ 0.21 range before becoming definitely damaged during the final sale of the institutional wave.
- The most significant prevention of institutional prevention occurred during the 3: 30-3: 35 pm window, in which the corporate trading volume reached more than 12.80 million and 16.90 million respectively.
- The price action declined from $ 0.21 to a session of less than $ 0.21, before corporate consumers tried a moderate recovery at $ 0.21 to 3:44 pm.
- Institutional trading activity has stopped throughout the last four minutes (3: 56-3: 59 pm), suggesting corporate trading desk closure or temporary liquidity barriers before regulation development.
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