HBAR Gains 3% as Trading Volume Exceeds 69 Million
Hedera's native token, HBAR, gained 3% in the last 24 hours, moving from $0.22 to session peaks despite market volatility. Key points include:
- Trading volume reached 69.68 million, significantly above the average of 37.42 million.
- Institutional accumulation indicated aggressive positioning above resistance levels.
- Intraday volatility was notable, with a rally from $0.22 to a session high observed between 13:29 and 14:28 on September 3.
- Support solidified at $0.21, while critical resistance was tested at $0.22.
- Volume spikes during bullish movements confirmed genuine buying momentum.
- Market structure showed a classic accumulation formation with ascending lows.
Traders will monitor if HBAR can maintain its bullish trend in upcoming trading sessions.