HBAR dives 3% below support as crypto market plunges

HBAR fell to $0.1373, decisively breaking below the established $0.145 support after failing to sustain its consolidation range. The token’s late-session selloff confirmed a shift from neutral structure to a clear bearish setup as price action worsened to the close.

Liquidity broke sharply in the last hour, including a brief trading halt between 14:12 and 14:14 where zero volume was recorded. This lull in trading activity raises red flags about potential structural problems or a short-term liquidity crunch, both of which can amplify downward pressure during periods of stress.

Earlier in the session, a 138% increase in volume highlighted major resistance at $0.1486. Although HBAR initially staged a V-shaped recovery from its $0.1382 intraday lows, buying momentum quickly faded, leaving the asset vulnerable to the subsequent collapse.

HBAR/USD (TradingView)

Key Technical Levels Signal Breakdown Risk for HBAR

Support/Resistance Analysis:

  • Primary support at $0.1382 becomes critical after consolidation area failure.
  • Previous support at $0.1445 is likely to act as resistance to recovery attempts.
  • Key resistance remains at $0.1486, where the increase in volume marked rejection.

Volume analysis:

  • 146.94 million tokens spike 138% over 61.8 million average signals distribution phase.
  • Volume contraction to 9.76 million tokens precedes critical collapse.
  • Zero volume trading halt indicates severe liquidity stress.

Chart Patterns:

  • Consolidation range between $0.1446-$0.1477 invalidated on split.
  • V-shaped recovery pattern from $0.1382 does not sustain momentum.
  • Total trading range of $0.0096 (6.5%) suggests increased volatility potential.

Risk/reward assessment:

  • Break below $0.1440 target supports at $0.1382 level.
  • Recovery faces immediate resistance at $0.1445 previous support.
  • Trading suspension raises concerns about market depth and liquidity infrastructure.

Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial staff to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI policy.

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