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HBAR Surge Signals Institutional Momentum Despite Late-Session Pullback


تكنلوجيا اليوم
2025-11-10 16:49:00

HBAR rallied 4.62% to $0.188, outperforming the broader crypto market as trading volume spiked 24.2% above its weekly average.

The session’s price action pointed to genuine institutional participation rather than retail-driven speculation. HBAR’s 6.37% outperformance versus the CD5 benchmark highlighted strong, asset-specific demand catalysts.

Technically, HBAR advanced from $0.1736 to $0.1894, forming ascending trendlines marked by higher lows and demonstrating solid upward momentum. The total range of $0.0255 reflected 13.2% volatility, while volume reached 215.6 million, confirming a decisive breach above the $0.1950 resistance zone. Strong short-term support consolidated near $0.1880, suggesting a healthy retracement structure within an overall bullish setup.

However, the final hour saw a sharp reversal as institutional profit-taking triggered a technical correction. Price fell from a $0.1925 peak to $0.1892, breaking through $0.1911 support on nearly triple the average hourly volume.

The failed breakout attempt above $0.1920 established lower highs and bearish intraday channels, with temporary support now forming near $0.1890 — a level traders should monitor closely as the market digests recent gains.

HBAR/USD (TradingView)

Key Technical Levels Signal Mixed Outlook for HBAR

Support/Resistance: Primary support sits at $0.1880 with resistance at $0.1920-$0.1950 zone

Volume Analysis: 24.2% surge above weekly average confirms institutional flows, while 10.8M hourly spike shows profit-taking

Chart Patterns: Ascending trendlines developed before late reversal created bearish channel structure

Targets & Risk/Reward: Break above $0.1950 targets $0.200 level, while $0.1880 failure risks decline toward $0.1750

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



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