HBAR Tumbles 3% Amid Mounting Selling Pressure—Finds Critical Support at $0.24

HBAR takes a hit as bears drive prices down—but the $0.24 level just might be the floor this dip buyers needed.

Support Holds—For Now

A 3% drop isn’t exactly a crash, but it’s enough to make weak hands fold. Selling pressure’s been building, yet HBAR found buyers waiting near $0.24. Classic crypto behavior: panic sells into strength, FOMO buys the dip.

Market Sentiment Shaky

Traders are watching that support like hawks. Break below, and it could get messy. Hold, and we might just see a bounce. Either way, it’s another day in crypto—where “fundamentals” sometimes just mean “which whale blinked first.”

So here we are—another test of nerve, another line in the sand. If you’re not sweating, you’re probably not paying attention.

• HBAR breached multiple support levels including $0.25 and $0.24 throughout the bearish phase.
• Volume surge of 55.91 million during the 19:00 hour signalled intensified liquidation pressure.
• Formation of ascending triangular pattern with progressive higher lows established at $0.24, $0.24, and $0.24.
• Resistance remained consistent around $0.24, suggesting potential for breakout above this threshold.
• Recent stabilisation near $0.24 may indicate prospective consolidation preceding subsequent directional movement.
• Technical analysis reveals constructive consolidation pattern featuring successful support examinations.

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