Bullish Continuation Eyed as HBAR Protects $0.21 Support on Rising Volumes -

HBAR Defends $0.21 Support as Selling Pressure Eases

Hedera’s HBAR token held firm at a key support level, signaling resilience despite a sharp bout of selling. The token swung 6% in the session from Sept. 1 (09:00) to Sept. 2 (08:00), ranging between $0.21 and $0.22.

HBAR initially dipped to $0.21 as liquidation volumes surged past 79 million. However, buyers quickly absorbed the selloff, lifting the token back toward $0.22 by session close. The rebound, supported by lighter trading volumes, suggests selling momentum is waning.

Analysts point to $0.21 as a crucial technical floor, with a sustained hold reinforcing the bullish continuation structure. The $0.22 mark now acts as immediate resistance.

Beyond the charts, Hedera’s growing presence in enterprise adoption remains a fundamental driver. With corporate partnerships and a focus on payments and scalability, the project is well-positioned to benefit from investor interest in utility-driven blockchain infrastructure.

Key Levels to Watch: