Hedera's HBAR Dropped by 5%, Technical Reversal Signals Are Visible

Notable Decline in Hedera HBAR

Hedera's HBAR token experienced a %5 decline from $0.1932 to $0.1835. This drop occurred with the loss of the $0.1900 support level, creating a significant shift in market sentiment.

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

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