HBAR Plummets Under Intense Selling Pressure - High Volume Signals Market Panic
HBAR tanks as whales dump holdings—trading volume spikes 300% amid the bloodbath.
The Sell-Off Explained
Massive sell orders hit HBAR hard, triggering cascading liquidations across derivatives markets. Retail investors scrambled to exit positions while institutional players watched from the sidelines.
Technical Breakdown
Key support levels shattered like glass as algorithmic traders amplified the downward momentum. The charts paint an ugly picture—classic distribution pattern with no immediate bounce in sight.
Market Psychology
Fear grips the HBAR community as social sentiment scores crater. Traders who bought the 'dip' now find themselves catching falling knives—another reminder that in crypto, what goes up must come down hard.
Just another Tuesday in digital asset markets—where fundamentals take a backseat to pure, unadulterated speculation.
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.
