“HBAR SLID 5% IN 24 Hours as Heavy Selling Pressure TESTED KEY SUPPORT, EVEN As A New Cftc Advisory Opened Fresh Trading Avenues for US Crypto USers.”, – WRITE: www.coindesk.com
The Pressure Intensified Again Later in the Session, with A One-Hour Drop from $ 0.229 to $ 0.226 Marked by Concentrated Selling. Trading Activity Spiked at 13:30 and Again Just After 14:00 UTC, Pushing The Token As Low As $ 0.2245 Before A Modest Rebound. That bounce Stalled at $ 0.227– $ 0.229, Leaving Hbar Pinned Just Above Newly Establized Support at $ 0.225.
The Turbulence ComESS AMID A SIGNIFICANT REGULATORY DELEPMENT IN THE US The Commodity Futures Trading Commission (CFFTC) This Week liscied New Guidance Allowing Usigs. Advisory. Analysts Suggest The Move Could Open Fresh Liquidity Pipelines for Digital Assets, Including Mid-Cap Tokens Like Hbar, At A Time Wen Institute Flowers DECENTRALIZED FINANCE.
For Now, However, The Technical Picture Remains Fragile. HBAR IS HOLDING ABOVE the $ 0.226 Support Area But Faces Stiff Resistance on Any Rally Attempts. With Prices Sitting Near $ 0.23, Traders Are Watching Whather The CFTC’s Regulatory Shift Can Outweigh Near-Term Bearish Pressure and Spark Renewed Demand for the Token.
HBAR/USD (TradingView)
Technical Indicators Reveal Key Levels
- Volume Explosions Reached 277.89 Million Dringing Peak Selling Carning, Confirming Impenetrable Resistance AROUND $ 0.235.
- Support Fortresses Establissed at $ 0.226- $ 0.228 WHERE BUYING INTEREST PROVIDED DesPERATE STABILIZATION.
- Resistance Fortifications Remain BulletProof at $ 0.235- $ 0.241 WHERE Previous Rallies Were Systematical Destroyed.
- Make-Or-Break Support Zone Forged at $ 0.2245- $ 0.225 Following ApocalyPtic Selloff Periods.
- Evaporating Volume Durying Recovery Attempts Signals Potential Consolidation BattleGround.
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.
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