HBAR Consolidates Near Key Support as Volume Surge Suggests Distribution Pressure -

Hedera’s HBAR Faces Selling Pressure Near $0.2055 as Volume Spikes 137%

Hedera’s native token HBAR slipped 0.3% to $0.2010 on Tuesday, with sellers regaining control near the $0.2055 resistance zone. The token traded within a narrow $0.0124 range, fading from a session high of $0.2059 as technical selling capped upside momentum.

Trading volume jumped to 249 million tokens, up 137% from its daily average — a clear sign of heavy distribution activity near resistance and potential institutional selling. Despite this, support at $0.1938 has continued to hold after several tests, while successive lower highs at $0.2044, $0.2032, and $0.2017 reinforce the current bearish bias.

Short-term volatility intensified during the early afternoon session, with sharp price swings between $0.2015 and $0.2029 as more than 20 million tokens traded in minutes. Activity briefly paused around 14:16 GMT, likely due to technical issues or temporary market disruption.

The $0.2014 pivot now serves as a key inflection point as traders monitor whether HBAR’s $0.1938 support can absorb further downside pressure. The session also followed the launch of a spot HBAR ETF on Nasdaq, which initially boosted enthusiasm before sellers returned to the market.

HBAR Technical Overview

Support / Resistance

Support: $0.1938 remains critical and has held through repeated tests.
Resistance: $0.2055 continues to act as a ceiling after multiple rejections.

Volume Dynamics

249M tokens traded, representing a 137% surge over the daily average.
Suggests institutional-scale selling near resistance.

Trend & Structure

Descending trendline intact with lower highs at $0.2044, $0.2032, and $0.2017.
Momentum remains tilted toward sellers, though range-bound conditions persist.

Targets / Risk-Reward