Hedera HBAR Jumps 4.4% as Institutional Demand Shatters Key Resistance Barrier
Published:
2025-09-09 12:20:46
[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News - HBAR experienced a sharp rally over a 24-hour period, climbing 4.4% as institutional buyers overwhelmed resistance at $0.228. The token surged from $0.22 to $0.23 between September 8 and 9, supported by trading volumes that more than doubled the daily average. Momentum built through higher lows at $0.2217 and $0.2246 before the decisive breakout occurred.
Market structure indicated concentrated accumulation, with volume spiking to 91.65 million
HBAR during peak activity—significantly exceeding the 40.85 million daily average. The morning session saw acceleration to an intraday high of $0.2335 before profit-taking emerged. A late-session reversal slightly trimmed gains as volumes of 1.97 million and 2.28 million tokens changed hands in rapid succession.
The price action highlights the tension between institutional conviction and short-term profit motives. While the breakout carries technical significance, its sustainability depends on whether buyers can absorb selling pressure at higher levels.
By:
|Square
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