HBAR spent large parts of the last 23 hours at a narrow range and swung between $ 0.23 and $ 0.24 in what made up only 2% volatility. Token stirred short session heights of $ 0.24 on September 16 around 18:00 UTC before slipping lower, and eventually found repeated support near $ 0.23. Several rebound trials from this level through September 17, breakfast trade hinted at a potential price floor, although the conviction remained limited.
Market activity tapered next to price operation. Trade quantities fell steadily after an early increase, emphasized the weakening of participation, and suggested that Bullish Momentum has largely faded. The limited range and muted volatility reinforced the impression of indecision, with buyers and sellers who were unwilling to push for an outbreak.
The last hour of the observed period offered a sharper display of market mood. At. 13:33 UTC on September 17, HBAR suddenly sold from $ 0.24 to $ 0.23, accompanied by an excessive 2.56 million in volume just three minutes later. Nevertheless, the coin staged a measured recovery, climbing back to end near the heights of the session, encapsulated today’s push and features between sellers and opportunistic dip buyers.
Generally, HBAR slid 1% over the 23-hour window. While the establishment of support around $ 0.23 provides some stability, declining quantities and sustained pressure decrease downward pressure on the market vulnerable. The rapid sales and subsequent rebound illustrate the uncertainty that still creates HBAR’s vision, with the bearing mood that is prevalent but tempered by signs of technical resilience.
Technical indicators Assessment
- Price action demonstrated consolidation within a 2% range between $ 0.23- $ 0.24 resistance and support limits.
- Volume concluded from 45.7 million to 4.7 million tokens indicating deteriorating market participation.
- More rebounds of $ 0.23 support level suggest potential price for establishing prices.
- Acute sale at. 13:33 followed by recovery indicates unstable intraday feelings.
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