HBAR Suffers Significant Pullback Following Intense Trading Activity
HBAR Sees Sharp Reversal Amid Volatile Institutional Trading
Hedera’s HBAR experienced a 5% intraday swing on October 16 as institutional trading drove significant volatility. Early gains were wiped out late in the session due to corporate liquidation pressure.
The token traded in a tight range between $0.176 and $0.185. HBAR initially dipped on profit-taking but rebounded sharply during morning trading, supported by enterprise volumes surpassing 129 million.
Momentum shifted in the final hour when corporate sell-offs overwhelmed support levels. Between 14:02 and 14:04, HBAR dropped from $0.183 to $0.1805 on a 3 million-volume spike, signaling aggressive institutional liquidation.
Shifting Institutional Sentiment
Analysts note that HBAR’s support around $0.176–$0.178 demonstrated resilience, but repeated resistance at $0.183–$0.185 shows growing caution among institutional investors.
Key market highlights:
- Intraday range: $0.176–$0.185, a 5% swing
- Support zone: $0.176–$0.178, multiple institutional buy-ins
- Resistance zone: $0.183–$0.185 during recovery attempts
- Morning volume surge: >129 million, indicating strong institutional activity
- Final hour spike: >3 million, reflecting liquidation pressure
- Market exhaustion: zero institutional activity in closing minutes
Overall, the trading pattern reflects a market caught between profit-taking and strategic rebalancing, as corporate participants adjust exposure to HBAR amid heightened volatility.
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