HBAR experienced a volatile 23-hour period from Sept. 22 at 15:00 to Sept. 23 at 14:00, trading within a narrow range between $0.217129 and $0.225507. The session commenced with a sharp selloff, dropping to $0.217408, but heavy buying restored momentum.
This rebound was supported by robust activity at the $0.217129 level, leading to increased trading volume. Buyers then propelled prices to a peak just below $0.225507, although resistance at approximately $0.224358 limited further gains. By the end of the session, HBAR settled at $0.222759, reflecting a 2.5% recovery from its intraday lows and positioning above the range midpoint, indicating a bullish sentiment for the upcoming trading phase.
The final hour of trading infused additional optimism. HBAR registered a slight 0.06% gain in the concentrated 60-minute period ending Sept. 23 at 14:08, moving within a tight 0.40% band between $0.2221 and $0.2230. This narrow range suggested consolidation yet demonstrated persistent strength, with prices remaining steadily above session midpoint values.
During this hour, volume spikes underscored the intensity of market activity. A breakout at 13:27 saw turnover reach 881,924 tokens, followed by a remarkable surge to 1.58 million tokens just before 14:00. These bursts of trading activity provided reinforcement at $0.2221, while $0.2230 capped immediate upward movements. Despite the limited range, sustained demand indicated accumulation rather than fatigue.
Altogether, the late-session performance extended HBAR’s overall recovery trend over the 23 hours. Bulls held sway, with solid support levels remaining intact and prices closing near the upper end of the range. The ongoing positive sentiment suggests continued bullish momentum as the market prepares for a potential breakout above short-term resistance.
Disclaimer: Parts of this article were generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards.
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