HBAR Closes 2.5% Higher After Volatile Trading Session

In a volatile 23-hour period from Sept. 22 to Sept. 23, HBAR traded between $0.217129 and $0.225507. Initially, there was a sharp selloff, but heavy buying activity restored momentum.

  • Strong support was found at $0.217129, with increased trading volume.
  • Prices peaked near $0.225507, encountering resistance around $0.224358.
  • Session closed at $0.222759, a 2.5% recovery from lows, indicating a bullish bias.

In the last hour, HBAR gained 0.06%, trading in a narrow range of 0.40% between $0.2221 and $0.2230, showing consolidation and underlying strength.

  • Volume spikes occurred, with turnover reaching 1.58 million tokens just before 14:00.
  • Support remained at $0.2221, while $0.2230 capped immediate gains.
  • The session's performance indicated sustained demand and potential for a breakout above short-term resistance.

HBAR/USD (TradingView)