HBAR Holds Firm at $0.21 as Buyers Absorb Selling Pressure
Hedera’s HBAR token stabilized after testing key support, with signs that bearish momentum is fading and enterprise adoption themes are reinforcing bullish prospects.
Over the 24-hour session from Sept. 1 (09:00) to Sept. 2 (08:00), HBAR moved within a $0.013 band — a 6% swing between $0.21 and $0.22. The token slipped early to $0.21 as liquidations surged past 79 million, but buying interest quickly emerged, lifting prices back toward $0.22 into the close.
Trading patterns suggest sellers lost momentum once $0.21 was defended. Lower volumes on the rebound highlight a potential transition toward steady accumulation, keeping upside potential intact as long as support continues to hold.
Beyond technicals, Hedera’s push into enterprise adoption remains a core driver. With partnerships spanning payments and infrastructure, the project is positioning alongside other enterprise blockchains like Kaspa and Remittix, both of which are gaining traction with investors focused on utility and scalability.
Technical Takeaways
- Range: $0.21–$0.22 intraday (6% swing).
- Liquidations: 79M+ tokens during early selloff.
- Support: $0.21 tested, successfully defended.
- Resistance: $0.22 short-term ceiling.
- Volume: Signs of selling exhaustion, tilt toward bullish continuation.
