HBAR Drops 5% to $0.1835 as Support Crumbles at $0.1900

Hedera’s HBAR token fell 5% in the last 24 hours, falling from $0.1932 to $0.1835 after breaching the 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 fell sharply, with 114.18 million HBARs changing hands at the 16:00 GMT session peak – an 86% jump above the daily average of 61.4 million. The increase in volume aligned with a failed push to regain the $0.1951 resistance, which quickly reversed into a cascade of sell orders that cemented the breakout below $0.1900.

Despite the broader bearish tone, short-term charts are showing early signs of recovery. Hourly data shows a 0.77% rebound from $0.1825 to $0.1839, supported by a token burst of 3.09 million tokens during a mid-session breakout attempt. Bulls managed to form a lower pattern, recognizing the level of $0.1835 which now acts as immediate support.

Still, traders remain divided. The short-term outlook depends on whether HBAR can extend its rebound towards the $0.1850-$0.1860 resistance cluster or risk renewed pressure below the $0.1815 floor. Technical momentum favors a cautious recovery, but a sustained upside will depend on volume confirmation and broader market sentiment.

Key Technical Levels Signal Conflicted Outlook for HBAR

Support / Resistance

• Old support: $0.1900 – now acts as strong resistance above.
• New Support Area: $0.1815–$0.1835 after stabilization efforts.
• Immediate lift goals: $0.1850-$0.1860 after the hourly meeting.

Volume

• Resistance rejection: 114.18M token spike (≈86% above SMA).
• Bullish breakout attempt: 3.09M peak volume on hourly reversal.
• Institutional activity: Focused around key technical inflection points.

The paper models

• Daily trend: Bearish, with consecutive low lows.
• Schedule: Bullish reversal with lower formation.
• Momentum Shift: The price recovered $0.1835 (now support) with strength.

Goals & Risk/Reward

• Bullish Target: $0.1850-$0.1860 resistance zone.
• Downside risk: Breakdown below $0.1815 support area.
• Critical Pivot: $0.1835 – key level that defines the nearby direction.

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