HBAR Tumbles 5% Amid Institutional Selloff and Market Volatility

Hedera Hashgraph’s HBAR token experienced a 5% decline from $0.24 to $0.23 between September 14 and 15, attributed to increased institutional activity and large-scale selling. The trading range expanded by $0.01, indicating significant corporate involvement.

Institutional trading volumes spiked, with over 126 million tokens traded on the morning of September 15, nearly triple the usual corporate flow.
This surge is linked to portfolio rebalancing amid enterprise adoption concerns and regulatory scrutiny.
A brief recovery attempt at $0.24 failed as buying momentum weakened, settling back at $0.23 support.
The volatility highlights HBAR's susceptibility to institutional sell-offs, with $0.24 as resistance and $0.23 as critical support.
Major corporate players are repositioning in response to anticipated regulatory changes, impacting HBAR's short-term stability.

HBAR/USD (TradingView)

Technical Indicators Summary

Resistance solidified at $0.24 due to consistent institutional selling pressure.
Support observed around $0.23 where corporate buying absorbed retail and smaller institutional sell-offs.
Morning session volume of 126.38 million tokens indicates large-scale distribution surpassing demand.
Subsequent selling pressure resumed, leading to a retreat to $0.23 support zones.
Final trading periods showed reduced corporate activity, suggesting defensive positioning as HBAR consolidated at $0.23.