Markets

What’s Happening?
- HBAR decided to throw a tantrum, plummeting from $0.1426 to a miserable $0.1281 – because who doesn’t love a good support level collapse? 🎢
- Volume shot up to a whopping 250.3 million. Because apparently, everyone wanted to get out of dodge at exactly 07:00 GMT – talk about timing! ⏰
- A descending channel has officially emerged, with resistance stuck at a stubborn $0.1400. Like a toddler refusing to share their toy.
So, here we are. HBAR took an 11.5% nosedive on Tuesday – a startling move fueled not by innovative network upgrades (brace yourselves, it’s not just hype), but by a sudden explosion of institutional selling. Think of it like a mass exodus at the crypto dinner party – with billions of units sold faster than you can say “buy the dip?” Nope. The $0.1350 support? Vanished faster than your last paycheck.
The chaos didn’t stop there. The price kept making lower highs and heavier volume, testing that pesky $0.1277 zone like a weathered old boxer eyeing the knockout. Resistance now firmly stands at $0.1400, cementing a bearish mood that makes gloomy Mondays look fun. The major turning point? Breaking that sacred $0.1350 support – a classic case of ‘support turned resistance,’ as if the universe is playing a cruel joke.
As the final hour of trading rolled in, panic selling hit a new high. HBAR slid from $0.1317 down to $0.1277, volume spiking at 8.76 and 11.13 million like fireworks on New Year’s Eve – and then, quite suddenly, activity just…stalled. Like it all hit pause, possibly by someone waving a giant red flag or a technical glitch. Could be a sign of a reversal (or just crypto being crypto), but for now, the bears are having a field day.

Breaking Down the Crash: Why HBAR Might Keep Sliding
Support/Resistance: The critical zone is $0.1277-$0.1281 – good luck holding that. Resistance keeps trying at $0.1400, but let’s be real, do we even want it to hold?
Volume War: Institutional sell-off hit 250.3M units, a 98% surge over average. Basically, the smart money said ‘bye-bye,’ leaving retail to suffer.
Chart Drama: Descending channel insisted on lower highs and falling lows, breaking Fibonacci levels like they’re going out of style.
Next Moves & Risks: If support tears, the next target is around $0.1250 – it’s like a cliff dive. But if buyers attempt a comeback, they’ll face resistance near $0.1350, which used to be support – talk about flipping the script.
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2025-11-21 21:26