HBAR Slides to Lowest Point in a Year as Crypto Market Plunges
Hedera plunged through key support levels during Sunday’s session, declining 5.8% from $0.1202 to $0.1127 as technical selling pressure overwhelmed early buying interest.
The cryptocurrency established a clear bearish structure after failing to hold gains above $0.1218, with price action dominated by profit-taking near resistance levels.
Volume patterns told the story of capital flows throughout the session. Trading activity exploded to 69.18 million tokens on Dec. 14 at 20:00 UTC, marking an 86% surge above the 24 hour average of 32.8 million tokens—as HBAR tested critical resistance near $0.1194.
The rejection triggered a cascade of selling that drove prices through established support levels, with subsequent sessions showing…
