HBAR Consolidates Between $0.23–$0.24 Amid Weakening Momentum – 17/9/2025
HBAR traded in a narrow range between $0.23 and $0.24 over the past 24 hours, with declining volumes and sharp intraday swings pointing to fading momentum and mixed trader sentiment.
Volatility remained low at around 2%, with the token briefly touching $0.24 on Sept. 16 before retreating to support near $0.23. Multiple rebounds around this level suggest a potential short-term floor, though overall conviction remained muted.
Trading volumes steadily declined after an early spike, indicating waning market participation and limited bullish pressure. The tight range reflects indecision, with neither buyers nor sellers pushing for a breakout.
A notable intraday move occurred at 13:33 UTC, when HBAR dropped from $0.24 to $0.23, accompanied by a three-minute volume surge of 2.56 million tokens. The token later recovered to end near session highs, highlighting the tug-of-war between sellers and opportunistic buyers.
Overall, HBAR fell 1% over the 24-hour period. Support at $0.23 provides some stability, but declining volumes and persistent pressure leave the market vulnerable.
Technical Snapshot
- Price consolidated within a 2% range ($0.23–$0.24).
- Volumes dropped from 45.7M to 4.7M tokens.
- Rebounds at $0.23 indicate a potential short-term floor.
- Intraday swings reflect mixed trader sentiment.
