HBAR Edges Lower by 0.5% to $0.146 Amid Support Breakdown

HBAR Drops Below Key Support Amid Elevated Volume, Signs of Institutional Selling

Hedera’s HBAR slid beneath critical technical support on Tuesday, extending a 24-hour decline from approximately $0.1459 to $0.1451. The token formed a series of lower highs within a tight $0.0074 range, producing a 4.9% intraday swing that highlights growing structural weakness in the market.

Trading volume spiked to 145.7 million tokens on Nov. 18—about 73% above its moving average—pointing to possible institutional selling and reinforcing resistance at $0.1525. A high-volume rejection around 14:07 further confirmed persistent downside momentum as HBAR broke decisively below $0.1458 support.

With no major fundamental catalysts at play, technical factors continued to drive sentiment. The combination of increased volume on breakdowns, repeated failed bounces, and alignment between broader 24-hour softness and short-term selling pressure suggests traders may face additional downside before a meaningful recovery can form.

Key Technical Levels for HBAR

• Support/Resistance: Primary support sits at $0.1451, with resistance at $0.1525. The breakdown below $0.1458 opens the path to session lows.
• Volume Analysis: Institutional selling peaked at 145.7M tokens during resistance testing; reduced follow-through hints at a potential distribution cycle completion.
• Chart Patterns: Lower highs formation confirms trend acceleration; failed bounces at 14:07 with a 5.2M volume spike validate the breakdown scenario.
• Targets & Risk/Reward: Next downside target is $0.1451 support, while recovery faces resistance at the broken $0.1458 level, now acting as overhead supply.

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