HBAR Stabilizes After Sharp Selloff, Institutional Support Emerges
Hedera’s HBAR token faced significant volatility over the past session, dropping from $0.237 to $0.228 during a heavy selloff on Aug. 25. Volumes surged to 169.5 million tokens, signaling institutional buying at the $0.228 support level.
The token rebounded to $0.237 by session close and held above $0.236300, establishing a clear short-term range between $0.236300 and $0.238270. Analysts note that a break above resistance at $0.238270 could trigger a broader upside move.
This pattern highlights capitulation-driven selling followed by accumulation, suggesting underlying strength despite intraday swings.
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