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Hedera HBAR Slides 5% Amid Heavy Selling Pressure, Tests Key Support at $0.226
Hedera HBAR Slides 5% Amid Heavy Selling Pressure, Tests Key Support at $0.226
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR token dropped 5% to $0.23 as traders exited positions in significant volumes, with over 277 million tokens traded during Wednesday's Asian session. The selloff broke through crucial support at $0.235 before finding temporary stability NEAR $0.226.
This market volatility aligns with the CFTC's new guidance allowing U.S. traders to access offshore crypto markets. While this regulatory change could eventually bring fresh liquidity to mid-cap assets like HBAR, current technical indicators remain weak as the token holds at the $0.226 support level.
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