HBAR Rebounds 2.5% Amid Institutional Buying, Holds Key Support
HBAR bounced back from early session weakness, closing higher after a volatile 23-hour trading window between Sept. 22–23. The token fluctuated between $0.2171 and $0.2255, dipping initially to $0.2174 before strong buying reinforced support at $0.2171.
Late-session momentum pushed HBAR toward $0.2255, though resistance near $0.2244 capped further upside. By session’s close, HBAR settled at $0.2228, recovering 2.5% from intraday lows and maintaining a position above the range midpoint, signaling bullish sentiment ahead.
Volume spikes in the final hour, including bursts of 881,924 and 1.58 million tokens, highlighted sustained institutional interest. Traders interpreted the narrow $0.2221–$0.2230 trading band as consolidation rather than exhaustion, suggesting continued accumulation.
The steady bid tone indicates that HBAR remains well-supported, with bulls controlling near-term price action and eyes on a potential breakout above short-term resistance.
