Hedera’s HBAR token slid 5% over the past 24 hours, falling from $0.1932 to $0.1835 after breaching critical support at $0.1900. Sellers maintained control through the overnight hours, driving prices to test fresh lows near $0.1815 before signs of stabilization emerged.
Trading activity spiked sharply, with 114.18 million HBAR changing hands at the 16:00 GMT session peak — an 86% jump above the daily average of 61.4 million. The volume surge aligned with a failed push to reclaim $0.1951 resistance, which quickly reversed into a cascade of sell orders that cemented the breakdown below $0.1900.
Despite the broader bearish tone, short-term charts hint at early signs of recovery. Hourly data shows a 0.77% rebound from $0.1825 to $0.1839, supported by a 3.09 million token volume burst during a mid-session breakout attempt. Bulls managed to form a higher low pattern, reclaiming the $0.1835 level that now acts as immediate support.
Still, traders remain divided. The near-term outlook hinges on whether HBAR can extend its bounce toward the $0.1850–$0.1860 resistance cluster or risks renewed pressure below the $0.1815 floor. Technical momentum favors a cautious recovery, but sustained upside will depend on volume confirmation and broader market sentiment.
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