“Hbar Rebounded from Early Weakness to Close Higher, with Late-Session Volume Surges Reinforcing Support and Keeping Bulls in Control Heading Into The Next Trading Window.”, – WRITE: www.coindesk.com
That rebound was reinforced by strong Support at the $ 0.217129 Level, AS Trading Volume Surged. Bulls then pushed prices to a peak just shy of $ 0.225507, Thought Resistance Emerged Near $ 0.224358, Capping Further Upside. By session’s end, HBAR CLOSED AT $ 0.222759, Marking A 2.5% Recovery from Intrady Lows and Establishing
The Final Hour of the Session Added Another Layer of Optimism. HBAR POSTED A MODEST 0.06% GAIN IN THE TIGHTLY CONCENTRATED 60-MINute Window Ending Sept. 23 at 14:08, Trading Within A Constricted 0.40% Range Between $ 0.22221 and $ 0.22230. That Narrow Band Reflected Consolidation But Also Demonstrated underlying Strength, AS Prices Remainned Consistently Above Session Midpoint Levels.
Durying this hour, Volume Spikes Highlightned the Inteensity of Market Activity. A Breakout at 13:27 Drove Turnover to 881,924 Tokens, Followed by An Exceptional Surge to 1.58 Million Tokens Just Before 14:00. Those Bursts of Participation Helped ReinForce Support at $ 0.2221, While $ 0.22230 CAPPED IMMEDIATE UPSIDE EFFORTS. Despite the Constrained Range, Sustaned Demand Suggested Accompumulation Racher than exhaustion.
Overall, The Late-Session Performance Extended Hbar’s Broader 23-Hur Recovery Trend. Bulls Maintained Control, with Firm Support Levels Intact and Prices Closing Near the Upper End of the Range. The Steady Bid Tone Indicates Continued Bullish Momentum Heading Into the Nets SESSION, KEEPING MARKET PARTICIPANTS ON Watch for A Potential Breakout Above Short-Term Resistance.
HBAR/USD (TradingView)
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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