HBAR Faces Downward Pressure with Reduced Volumes and Limited Price Movement

HBAR Trades in Tight Range as Volumes Decline – 17/9/2025

HBAR remained confined between $0.23 and $0.24 over the past 24 hours, with diminishing volumes and sharp intraday swings reflecting waning momentum and mixed trader sentiment.

The token’s volatility was limited to around 2%, briefly reaching $0.24 on Sept. 16 at 18:00 UTC before retreating to support near $0.23. Repeated rebounds at this level suggest a potential short-term floor, though overall market conviction was weak.

Trading volumes fell steadily after an early spike, signaling reduced market participation and fading bullish pressure. The narrow range and muted activity highlight indecision, with neither buyers nor sellers pushing for a decisive breakout.

A sharp intraday move occurred at 13:33 UTC on Sept. 17, when HBAR dropped from $0.24 to $0.23, accompanied by a three-minute volume surge of 2.56 million tokens. The coin later recovered to end near session highs, illustrating the tug-of-war between sellers and opportunistic buyers.

Overall, HBAR lost 1% over the 24-hour period. While support at $0.23 provides stability, declining volumes and persistent pressure leave the market vulnerable.

Technical Snapshot

  • Price consolidated in a 2% range between $0.23–$0.24.
  • Trading volumes fell from 45.7M to 4.7M tokens.
  • Multiple rebounds at $0.23 suggest a short-term floor.
  • Intraday sell-off and recovery indicate fluctuating market sentiment.