BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Hedera HBAR Faces 4% Drop Amid Technical Breakdown and Selling Pressure
Hedera HBAR Faces 4% Drop Amid Technical Breakdown and Selling Pressure
5
1
[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News - HBAR experienced a sharp decline of 4.32% over 24 hours, falling from $0.22 to $0.21 between September 3 and September 4. The token failed to overcome resistance at $0.222, leading to a breakdown below the crucial $0.212–$0.214 support zone. Market volatility intensified with a 4.93% price swing and significant volume surge of 179.34 million HBAR during peak selling activity.
A brief rally to $0.216 was quickly erased by profit-taking, reinforcing bearish momentum. HBAR stabilized NEAR $0.213 by session close, though market fragility persists despite Hedera's regulatory advancements. Traders are now watching for consolidation signals, with the $0.212–$0.214 range serving as a key battleground for near-term price direction.
A brief rally to $0.216 was quickly erased by profit-taking, reinforcing bearish momentum. HBAR stabilized NEAR $0.213 by session close, though market fragility persists despite Hedera's regulatory advancements. Traders are now watching for consolidation signals, with the $0.212–$0.214 range serving as a key battleground for near-term price direction.
By:
