HBAR Slips Below Key Support as Elevated Volume Signals Institutional Selling
Hedera’s native token HBAR fell beneath critical technical support levels on Tuesday, extending a 24-hour decline from roughly $0.1459 to $0.1451. The token formed multiple lower highs within a tight $0.0074 range, generating a 4.9% intraday swing and highlighting growing structural weakness.
Trading surged to 145.7 million tokens on Nov. 18—around 73% above its moving average—pointing to potential institutional selling and reinforcing resistance at $0.1525. High-volume rejection around 14:07 further emphasized persistent downside momentum as HBAR decisively broke below the $0.1458 support level.
With no major fundamental catalysts influencing the market, technical factors continued to dominate sentiment. Increased volume on breakdowns, repeated failed bounce attempts, and alignment between broader 24-hour weakness and short-term selling pressure suggest further downside risks may persist before a meaningful recovery emerges.
Key Technical Levels for HBAR
- Support/Resistance: Primary support sits at $0.1451 with resistance at $0.1525; the breakdown below $0.1458 opens the path to session lows.
- Volume Analysis: Institutional selling peaked at 145.7M tokens during resistance testing; declining follow-through indicates a possible distribution cycle completion.
- Chart Patterns: Formation of lower highs confirms accelerating downtrend; failed bounces at 14:07 with a 5.2M volume spike validate the breakdown scenario.
- Targets & Risk/Reward: Next downside target at $0.1451 support; any recovery faces resistance at the former $0.1458 support, now acting as overhead supply.






