HBAR faced a strong downward pressure in the last 24 hours and slid 6.68% from $ 0.26 to $ 0.24, while trading activity rose over 109 million tokens – almost the daily average. The steepest fall happened during sessions overnight as sellers accelerated outflows and forced prices down at a pace far sharper than usual. Analysts attribute the volatility to the wider market stress triggered by $ 460 million in liquidation, composed of US economic data showing the producer price index that increases to 3.3%.
Despite the short -term weakness in the short term, market strategists maintain a bullish long -term view of Hedera’s native token. The goals remain set between $ 0.40 and $ 0.50, although dealers are warned about potential turbulence in the meantime. With mood meters pointing to overheated conditions, technical viewers warn that sharp swings remain likely as the market digests both macroeconomic headwinds and sudden liquidity.
Meanwhile, Binance has moved to integrate HBAR within its BNB Smart Chain Infrastructure, one step designed to improve interoperability across the chain. The development will enable smoother asset transfers and expand access to smart contracts across blockchain ecosystems and strengthen Hedera’s tools. Still, integration arrives when HBAR consolidates under resistance and emphasizes the challenge of balancing long -term adoption narratives with short -term market pressure.
Technical measurements
- HBAR registered a total trading area of $ 0.018, which amounted to 6.93% of the maximum valuation during the session.
- Robust resistance consolidated closest threshold of $ 0.252 with multiple rejection attempts.
- Support infrastructure identified near $ 0.240, providing temporary price stabilization.
- Trading quantities exceeded 109 million tokens and significantly exceeded the 24-hour average of 58.5 million.
- The terminal 20-minute period showed complete market paralysis to $ 0.243 on insignificant volume, suggesting potential technical disorders or acute illiquidity conditions.
- Special resistance consolidation occurred about $ 0.245 during the final trade time.
- Preliminary support is materialized near stagnation of $ 0.242 ahead of the market.
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