“Trading Data Reveals Strong Institutional Buying Interest with Volume Exceeding Daily Avers by 86% Dringing Key Resistance Tests.”, – WRITE: www.coindesk.com
Between September 2 at 15:00 and September 3 at 14:00, The Digital Asset Advanced from $ 0.22 to Finish Near SESSION PEAKS, with ITS Trading Range Spanning 5% of the first
The MOVE CAME as BUYING ACTIVITY CONSISTENTATION SUPPORTED THE TOKEN AT HIGER Levels, Signaling Resilience in A Volatile Environment.
Trading Dynamics Underscored This Strength, With Volume Surging to 69.68 Million, Far Above The 24-Hur AVERAGE OF 37.42 Million.
Institutional Accuumulation and Extraordinary Bursts of Activity – Including A Single Spike of 4.87 Million – Highlightd Aggressive Positioning Above Key Resistance Thrasholds.
On a shorter Time Horizon, Hbar Recorded Notable Intrady Volatytility. In the Hour Between 13:29 and 14:28 on September 3, The Token Rallied From $ 0.22 to ASSION High Before Stabilizing, Reflection Classic Breakout Patterns with
With Support Holding Above $ 0.22, Traders Will Be Watching Closely to See if Hbar Can Sustain It Bullish Posture Into the Next Trading Period.
HBAR/USD (TradingView)
Technical Indicators Signal Continued Strenguth
- HBAR FORMED SOLID SUPPORT AT $ 0.21 Durying Opening Sessions with Substantial Volume of 69.68 Million, Markedly Surpassing the 24-HOURA AVERAGE OF 37.42 Million.
- Critical Resistance Materialized at $ 0.22, Challenge Repeatedly Dringing Overnight Periods with Amplified Volume, Indicating Potential Breakout Development.
- The Market Structure Displayed A Textbook Accuumation Formation with Ascending Low Configuration.
- Volume Explosions Durying Bullish Movements at 20:00 and 21:00 on September 2nd Validated Authentic Buying Momentum Racher Thanks.
- Exceptional Volume Bursts Reaching 4.87 Million at 13:43 ConfirMed Institutional Positioning ABOVE THE PIVOTAL $ 0.22 Resistance Thrashold.
- The Cryptocurrency Showcied Classic Breakout Dynamics with Ascending Low Structure and Sustaned Purchasing Pressure Durying Upward Phases.
Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.
The Current Valuation Is Hard to Justify, Said Analyst Ed Engel, Initiating Coverage with A Neutral Rating and $ 45 Price Target.
- Compass Point Initated COVERAGE ON RECENTLY GONE PUBLIC BULLISH WITH A NEUTRAL RATING AND $ 45 PRICE TARGET.
- The Stock Is Trading at 110 Times ITS Projected 2026 EBitda, Noted Analyst Ed Engel.
- The Company, accounting to Engel, is unlikely to enter the US Market Until Congress Passes Crypto Market Structure Legislation, Which Could Take Until 2026.
Read Full Story