HBAR Drops 5% to $0.1835 as Support Crumbles at $0.1900
CoinDesk
Hedera's HBAR token fell 5% to $0.1835 after losing critical $0.1900 support amid a volume surge.Summary
Hedera's HBAR token experienced a 5% slide over 24 hours, dropping from $0.1932 to $0.1835 after failing to hold the critical support level of $0.1900, testing lows near $0.1815. Trading volume spiked significantly, jumping 86% above the daily average during a failed attempt to reclaim $0.1951 resistance, which led to increased selling pressure. Despite the bearish breakdown, short-term charts show early recovery signs, with HBAR reclaiming $0.1835, which now acts as immediate support; however, the near-term outlook remains conflicted, depending on whether it can break the $0.1850–$0.1860 resistance cluster.
(Source：CoinDesk)