HBAR Drops 4.2% to $0.173 as ETF Buzz Fades on Technical Selling
CoinDesk
HBAR declined 4.2% to $0.173 as heavy technical selling overcame recent ETF-related momentum.Summary
HBAR experienced a 4.2% decline over a 24-hour period, falling from session highs of $0.181 to close at $0.173, as technical selling pressures overshadowed earlier gains driven by ETF excitement. The sell-off established a bearish structure characterized by lower highs and lower lows. Significant selling volume, 84% above the 24-hour moving average, occurred around 05:00 GMT, confirming resistance at $0.1783. Key technical analysis indicates that the break below the $0.1740 support level signals a bearish momentum shift, with immediate downside risk targeting the $0.1700 psychological support level.
(Source：CoinDesk)