HBAR endured a volatile 24-hour stretch as institutional traders managed a narrow but intense range between $0.176 and $0.185. The token initially fell on corporate earnings before rising sharply in the morning hours of October 16, when corporate trading volume rose to over 129 million.
Despite this recovery, the momentum proved short-lived. A sharp reversal hit in the final hour of trading as corporate selling pressure overwhelmed previous support zones. Between 14:02 and 14:04, volumes rose to over 3 million as HBAR fell from $0.183 to $0.1805, reflecting aggressive liquidation activity.
Analysts say the move highlights changing institutional sentiments toward corporate blockchain assets. While HBAR’s corporate base showed resilience in the $0.176-$0.178 range, sustained resistance at $0.183-$0.185 suggests heightened caution among institutional investors.
Overall, the pattern underscores a market caught between profit-taking and structural rebalancing as corporate participants recalibrate exposure to blockchain-linked tokens amid growing volatility.
The company’s technical indicators highlight Enterprise Market Dynamics
- Institutional trading range of $0.01, representing 5% spread between $0.18 corporate level and $0.19 corporate high.
- Important corporate support zone identified at $0.18-$0.18 levels with more institutional buying interest.
- Corporate resistance levels materialized near the $0.18-$0.19 range during the corporate recovery phase.
- Volume increased over 129 million during the 09:00-12:00 window, indicating significant institutional business participation.
- Company volume increase in the last hour of over 3 million, indicating that the company’s institutional liquidation pressure.
- Exhaustion of the corporate market evidenced by zero institutional volume in the last minutes of trading.
Disclaimer: Portions of this article were generated with the help of AI tools and reviewed by our editorial staff to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s full AI policy.
