HBAR Sees 5% Intraday Swing Amid Institutional Volatility
Hedera’s HBAR experienced a 5% intraday swing on October 16 as institutional trading drove significant volatility. Early gains were erased late in the session by corporate liquidation pressure.
The token traded in a tight but active range of $0.176 to $0.185. HBAR initially dipped on profit-taking before rebounding sharply during morning hours, supported by a surge in enterprise trading volumes exceeding 129 million.
Momentum reversed in the final hour of trading when corporate sell-offs overwhelmed support levels. Between 14:02 and 14:04, volumes spiked above 3 million, and HBAR slid from $0.183 to $0.1805, reflecting aggressive institutional liquidation.
Institutional Sentiment and Market Patterns
Analysts suggest the move underscores shifting institutional sentiment toward enterprise blockchain assets. While HBAR found support around $0.176–$0.178, repeated resistance at $0.183–$0.185 indicates growing caution among corporate investors.
Key technical highlights include:
- Intraday trading range: $0.176–$0.185 (5% spread)
- Support zone: $0.176–$0.178, showing repeated institutional buying
- Resistance zone: $0.183–$0.185 during corporate recovery
- Morning volume surge: >129 million, reflecting strong institutional participation
- Final hour volume spike: >3 million, signaling liquidation pressure
- Market exhaustion: zero institutional volume in closing minutes
Overall, the pattern reflects a market balancing profit-taking and structural rebalancing, as corporate participants recalibrate exposure to HBAR amid heightened volatility.
