HBAR Plummets Under Intense Selling Pressure - High Volume Signals Market Panic
HBAR tanks as whales dump holdings—trading volume spikes 300% amid the bloodbath.
Technical Breakdown
The sell-off triggered cascade liquidations across major exchanges. Order books show massive sell walls forming at every resistance level.
Market Psychology
Traders fleeing to stablecoins while leverage positions get wiped out. The classic crypto cycle—pump, dump, repeat—plays out yet again.
Institutional Response
Funds repositioning assets despite blockchain fundamentals remaining unchanged. Another day, another 20% swing—because who needs stability when you've got volatility?
This isn't a dip—it's a full-scale retreat. But then again, in crypto, today's catastrophe is tomorrow's buying opportunity.
Key Technical Indicators
- Price tumbles 6% from $0.24 to $0.22 over 23-hour period from 21 September 15:00 to 22 September 14:00.
- Volume explodes to 137.11 million at 22 September 00:00—nearly triple daily average baseline.
- Bears establish strong resistance at $0.24 level where price reverses sharply on heavy selling.
- Bulls mount 1% recovery rally in final 60 minutes from 22 September 13:09 to 14:08.
- Breakout above $0.22 resistance occurs at 13:54 on exceptional 6.21 million volume surge.
- Zero trading volume in final three minutes signals temporary market pause after volatile session.
Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
