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HBAR Drops 4.2% to $0.173 as ETF Buzz Fades on Technical Selling
HBAR slid 4.2% as heavy technical selling erased ETF-driven gains, with traders prioritizing short-term chart signals over long-term optimism.
Updated Nov 4, 2025, 4:50 p.m. Published Nov 4, 2025, 4:50 p.m.
What to know:
- HBAR fell from $0.181 to $0.173, breaking key support at $0.1740 level
- Trading volume jumped 28.69% above weekly averages during selloff waves
- SEC sets November 12, 2025 deadline for Grayscale HBAR ETF decision
HBAR declined 4.2% in the 24-hour period ending Nov. 4, sliding from session peaks of $0.181 to close at $0.173 as technical selling overwhelmed recent ETF momentum.
The sell-off carved out clear bearish structure with lower highs and lower lows across the session.
STORY CONTINUES BELOW
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HBAR traded within a $0.0131 range representing 7.4% volatility. The heaviest selling hit at 05:00 GMT with 171.0 million tokens changing hands—84% above the 24-hour moving average—as prices broke from $0.1775 to $0.1703 and confirmed resistance at $0.1783.
Recent 60-minute data showed HBAR entering volatile two-phase trading. Initial selling pressure drove prices from $0.1755 to $0.1726, followed by a recovery attempt to $0.1763 before renewed distribution pushed prices to session lows of $0.1721. The failure to hold above $0.1740 support signaled broader bearish control despite bounce attempts.
Key Technical Levels Signal Consolidation Risk for HBAR
- Primary support holds at $0.1700 psychological level, with resistance confirmed at $0.1783 after multiple rejection attempts.
- Volume activity runs 28.69% above 7-day average but remains below 30-day threshold, suggesting routine distribution rather than institutional buying.
- Downtrend structure forms with lower highs and lower lows, and the $0.1740 support break confirms a bearish momentum shift.
- Immediate resistance is at $0.1750, with downside risk extending toward $0.1700 support aligned with the previous 24-hour consolidation zone.
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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