HBAR Falls Nearly 6% as Institutional Selling Breaks Key Support; Double-Bottom Pattern Emerges

Hedera’s native token HBAR dropped 5.9% on Monday as institutional selling dominated the market, breaking multiple support levels near the critical $0.1500 mark. The sell-off intensified around 15:00 GMT, when trading volume surged 71% above average, triggering stop-loss cascades and forcing momentum traders to unwind positions rapidly.

Price action remained firmly under bearish control for most of the session, with HBAR consolidating between $0.1430 and $0.1470 after establishing new resistance at $0.1512. While the selling pressure highlighted a weakening market structure, the tight consolidation suggested a temporary pause in downside momentum.

Late-session activity showed signs of exhaustion as volume declined and volatility narrowed. A swift bounce from $0.144 to $0.145 on roughly 3 million units hinted at potential smart-money accumulation at key support. Traders will need to see sustained movement above $0.145 to confirm a reversal against the broader bearish trend.

Key Technical Levels for HBAR

• Support/Resistance: Double-bottom support at $0.144; primary resistance at $0.1512; secondary barrier at $0.1500.
• Volume Analysis: Peak selling volume reached 162 million units (71% above SMA), followed by a 3 million-unit institutional spike during the bounce; fading volume suggests potential exhaustion.
• Chart Patterns: Classic double-bottom at $0.144, with violent whipsaw creating potential for reversal; consolidation range tightened to $0.1430–$0.1470.
• Targets & Risk/Reward: A break above $0.145 could open the path to $0.147, while failure below $0.144 targets $0.143, offering favorable risk/reward at current pricing.