
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.