HBAR Plunges Following a Tumultuous 24-Hour Trading Period

HBAR Sees Sharp Bearish Reversal After Volatile 24-Hour Trading

Hedera’s HBAR experienced a dramatic 5% intraday swing on October 16, as institutional investors drove heavy volatility. Early gains were ultimately erased by late-session corporate liquidation pressure.

The token traded in a narrow but intense range between $0.176 and $0.185, initially dipping on corporate profit-taking before rebounding strongly in morning trading. Enterprise volumes surged above 129 million, reflecting heightened institutional activity.

Despite this recovery, momentum was short-lived. A sharp reversal occurred in the final trading hour, when corporate sell pressure overwhelmed support levels. Between 14:02 and 14:04, volumes spiked above 3 million as HBAR fell from $0.183 to $0.1805, signaling aggressive liquidation by enterprise traders.


Institutional Sentiment and Market Dynamics

Analysts note the move reflects shifting institutional sentiment toward blockchain assets. HBAR’s corporate base showed resilience in the $0.176–$0.178 range, but sustained resistance at $0.183–$0.185 indicates growing caution among institutional participants.

Key technical observations include:

  • Trading range: $0.176–$0.185, representing a 5% intraday spread
  • Support zone: $0.176–$0.178, with repeated institutional buying interest
  • Resistance zone: $0.183–$0.185, marking limits during corporate recovery phases
  • Volume surge: 129 million during 09:00–12:00, showing strong institutional activity
  • Final hour spike: >3 million, reflecting liquidation pressure
  • End-of-day exhaustion: zero institutional volume in final minutes

Overall, the pattern illustrates a market balancing profit-taking and structural rebalancing, as corporate participants adjust exposure to HBAR amid ongoing volatility.

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