HBAR Drops Alongside Broad Crypto Market Amid Volume Spike
HBAR retreated 2.2% during Thursday’s session as technical selling overwhelmed emerging ETF speculation. The token broke decisively below $0.1380 support on volume that peaked 47% above the daily average of 35.5 million tokens.
The breakdown accelerated around 09:00 GMT when 52.21 million tokens changed hands. Bears drove prices to session lows near $0.1367 before momentum stalled.
Recent price action shows HBAR testing critical $0.1354 support levels. The token briefly pierced this floor on 2.37 million volume before recovering to current levels around $0.1361. Technical indicators point to oversold conditions, yet bearish momentum persists as traders await clearer directional signals.
The bearish technicals contrast with fundamental…
