Hedera’s HBAR Stabilizes Around $0.2010 Amid Heavy Volume and Distribution Signs

HBAR Struggles Below $0.2055 as Heavy Volume Points to Institutional Distribution

Hedera’s HBAR token slipped 0.3% to $0.2010 on Tuesday, extending its consolidation phase as traders faced renewed selling pressure near the $0.2055 resistance level. Despite a brief uptick to $0.2059, the token quickly reversed course, signaling that bears remain in control.

Trading activity surged, with 249 million HBAR exchanged — a 137% jump above the daily average — indicating heavy institutional distribution at resistance. Support at $0.1938 continues to act as a floor, but the formation of lower highs at $0.2044, $0.2032, and $0.2017 confirms a steady downward bias.

Intraday volatility spiked between 13:33 and 13:48 GMT, when prices swung from $0.2015 to $0.2029 amid bursts of over 20 million tokens. Trading briefly paused around 14:16 GMT, hinting at either data interruptions or exchange congestion. The $0.2014 mark now serves as a short-term pivot as traders monitor whether $0.1938 can hold firm.

The price action coincided with the Nasdaq debut of a spot HBAR ETF, which fueled early enthusiasm before giving way to profit-taking.

Technical Snapshot

Support / Resistance

Support: $0.1938 remains a critical defense zone after multiple retests.
Resistance: $0.2055 continues to cap rallies following repeated rejections.

Volume & Momentum

A 137% volume spike suggests intensified institutional selling pressure.
Momentum indicators still favor the downside, reinforced by a descending trendline.

Price Outlook

Bearish scenario: Break below $0.1938 could open a path toward deeper losses.
Bullish reversal: Buyers must reclaim $0.2017 and $0.2055 to shift sentiment.