HBAR Shatters Resistance Barrier Following Volatile Plunge
HBAR defies gravity with stunning recovery surge
The Resilience Play
Hedera's native token just executed one of crypto's classic V-shaped recoveries—bouncing hard after that brutal sell-off that shook weak hands from the market. Price action sliced through key technical levels that most traders had marked as impossible barriers just days ago.
Market Mechanics in Motion
That explosive decline now looks like mere fuel for the ascent. Trading volumes spiked as HBAR carved through resistance zones that had held firm for weeks. The pattern screams institutional accumulation during the dip—while retail investors were busy panicking.
Traditional finance analysts would call this irrational. Then again, they still think 60/40 portfolios work in a digital asset world.
HBAR's proving that in crypto, sometimes the steepest declines create the strongest foundations for the next leg up. The charts don't lie—this is what conviction looks like when fear evaporates and fundamentals take over.
Technical Indicators Highlight Bullish Sentiment
- HBAR operated within a $0.017 bandwidth (9%) spanning $0.174 and $0.191 throughout the previous 23-hour period from 12 October 15:00 to 13 October 14:00.
- Substantial volume surges reaching 179.54 million and 182.77 million during 11:00 and 13:00 sessions on 13 October validated positive market sentiment.
- Critical resistance materialized at $0.190-$0.191 thresholds where price movements encountered persistent selling activity.
- The $0.183-$0.184 territory established dependable support through volume-supported bounces.
- Extraordinary volume explosion at 13:31 registering 15.65 million units signaled decisive breakout event.
- High-volume intervals surpassing 10 million units through 13:35 substantiated significant institutional engagement.
- Asset preserved support above $0.189 despite moderate profit-taking activity.
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