Hedera's HBAR has dropped by 5%, and technical reversal signals are being observed.

Notable Drop in Hedera HBAR

Hedera's HBAR token has decreased by 5% from $0.1932 to $0.1835. This drop occurred with the loss of the $0.1900 support level and created a significant change in market sentiment.

During this process, trading volume increased by 86% above the average, reaching 114.18 million tokens. The resistance at $0.1951 triggered intense selling pressure.

Despite the drop, an optimistic higher-low pattern is observed for HBAR in hourly charts. Key resistance levels are located between $0.1850 and $0.1860, while the support level continues to hold around $0.1835.