Hedera HBAR Shows Resilience After Volatile Session as Institutions Accumulate at Support
Hedera's HBAR token navigated a turbulent 23-hour trading period, swinging between $0.228 and $0.242 before demonstrating signs of stabilization. The 5.83% intraday move culminated in a sharp selloff during the 19:00–20:00 UTC hour on August 25, where the price dropped from $0.237 to $0.228.
Notably, the selloff coincided with a volume spike to 169.5 million tokens—a clear signal of institutional accumulation at support levels. This demand absorption created a foundation for recovery, with HBAR rebounding to $0.237 by session close. Market analysts interpret this price action as a classic capitulation-and-recovery pattern.
The token established firm support above $0.236300 during subsequent trading, with the $0.236300-$0.238270 range now serving as a consolidation zone. The presence of institutional bids suggests accumulating interest that could propel HBAR's next directional MOVE higher.