[Coin World] The recent pullback of HBAR has been quite severe, with the intraday low dropping to $0.1308, and the fall reaching 10%. More dramatically, the Trading Volume surged first—stacking up to 241.5 million coins in a single day, and then the price confirmed the downward trend.
The current trend has entered a stagnation phase, fluctuating repeatedly in the range of $0.1306 to $0.1325. Looking down, the position at $0.1307 needs to be held; otherwise, there may be more room to fall. If it goes up, there is significant resistance around $0.1350, and it remains to be seen whether it can break through this hurdle in the short term. Market sentiment is cautious, and it is estimated that it will continue to linger in this range for the next few days.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
5
Repost
Share
Comment
0/400
notSatoshi1971
· 12-01 18:08
Another fall? I told you not to touch this, now look what happened.
View OriginalReply0
zkProofGremlin
· 12-01 18:06
It has fallen again. Is this really the bottom this time? But with such a large Trading Volume, it feels a bit unusual.
View OriginalReply0
ChainChef
· 12-01 17:52
ngl the recipe's burning rn... 2.4B volume dump with that 10% dip? that's not seasoning, that's just scorching the whole dish 🍳
Reply0
MetaNomad
· 12-01 17:50
Dumping? Or is it the market maker whipsawing... This trading volume has suddenly pumped so large, it's a bit fierce.
View OriginalReply0
AirdropAutomaton
· 12-01 17:46
This wave of fall makes me uncomfortable; who can withstand the dumping of 240 million tokens?
HBAR fell big dump 10% in a single day: 240 million Trading Volume entered a narrow range of fluctuations.
[Coin World] The recent pullback of HBAR has been quite severe, with the intraday low dropping to $0.1308, and the fall reaching 10%. More dramatically, the Trading Volume surged first—stacking up to 241.5 million coins in a single day, and then the price confirmed the downward trend.
The current trend has entered a stagnation phase, fluctuating repeatedly in the range of $0.1306 to $0.1325. Looking down, the position at $0.1307 needs to be held; otherwise, there may be more room to fall. If it goes up, there is significant resistance around $0.1350, and it remains to be seen whether it can break through this hurdle in the short term. Market sentiment is cautious, and it is estimated that it will continue to linger in this range for the next few days.