HBAR Drops 3.5% Breaking Support as ETF Inflows Hit $68 Million

HBAR retreated 3.5% from $0.1817 to $0.1754 during Wednesday’s session, breaking key support despite institutional flows reaching $68 million through ETF channels.

The token faced rejection at $0.1805 resistance following a morning spike that peaked at $0.1802 on significant volume—79% above daily averages.

Volume dried up following the initial morning surge, suggesting institutional buyers stepped back while retail participants drove the late-session weakness. The 4.5% intraday range reflects heightened volatility despite muted cryptocurrency market conditions.

HBAR’s price weakness contrasts sharply with institutional positioning through the Canary HBAR ETF, which accumulated $68 million over six trading sessions. Thirteen total ETF filings now include HBAR exposure, signaling growing institutional appetite for Hedera ecosystem exposure.

• Support/Resistance: Critical support at $0.1740 now tested with resistance firmly established at $0.1805 following multiple rejections.
• Volume Analysis: Morning spike reaching 125.8 million shares marked 79% above averages but generated insufficient follow-through buying.
• Chart Patterns: Distribution structure confirms bearish momentum with consecutive lower highs signaling continued downside pressure.
• Targets & Risk/Reward: Immediate targets point toward $0.1720-$0.1700 support zone with upside capped at $0.1805 resistance barrier.

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