HBAR Experiences Steep Bearish Turn After a Volatile Day of Trading

HBAR Experiences Sharp Intraday Reversal Amid Institutional Volatility

Hedera’s HBAR saw a 5% intraday swing on October 16 as institutional activity drove heavy volatility, with early gains wiped out by late-session corporate liquidations.

The token traded within a narrow but intense range of $0.176 to $0.185. HBAR initially fell due to profit-taking before rebounding strongly in the morning, supported by a surge in enterprise trading volumes exceeding 129 million.

However, the rebound proved short-lived. In the final hour of trading, corporate sell pressure overwhelmed support levels, pushing HBAR from $0.183 to $0.1805 between 14:02 and 14:04, with volumes spiking above 3 million, signaling aggressive liquidation.

Shifts in Institutional Sentiment

Analysts note the move highlights changing institutional sentiment toward enterprise blockchain assets. HBAR found support around $0.176–$0.178, but repeated resistance at $0.183–$0.185 suggests growing caution among corporate investors.

Technical observations include:

Trading range: $0.176–$0.185, a 5% intraday spread
Support zone: $0.176–$0.178, reflecting institutional buying interest
Resistance zone: $0.183–$0.185 during corporate recovery
Morning volume surge: >129 million, indicating strong institutional participation
Final hour spike: >3 million, reflecting liquidation pressure
Market exhaustion: zero institutional volume in final minutes

The pattern illustrates a market navigating profit-taking and structural rebalancing, as corporate participants adjust exposure to HBAR amid heightened volatility.