HBAR Faces Fresh Liquidity Alarms After Breakdown to $0.1373
Summary
Hedera's token, HBAR, experienced a significant drop to $0.1373, decisively breaking below its established $0.145 support level, indicating a shift to a bearish setup. This breakdown followed a late-session selloff and was preceded by a brief two-minute trading halt with zero recorded volume, raising serious concerns about structural issues or a short-term liquidity crunch that can amplify downside pressure. Earlier in the session, a 138% volume surge signaled heavy resistance at $0.1486, and while HBAR attempted a V-shaped rebound from $0.1382, the momentum failed, leading to the critical support breach. Technical analysis suggests that the failure of the $0.1446-$0.1477 consolidation range targets the critical $0.1382 support, with former support at $0.1445 now acting as immediate resistance.
(Source:CoinDesk)