HBAR Drops 4.2% to $0.173 as ETF Buzz Fades on Technical Selling

HBAR experienced a 4.2% decline, closing at $0.173 as technical selling overshadowed ETF-driven enthusiasm. The price fell from $0.181 to $0.173, breaking key support at the $0.1740 level. Trading volume surged 28.69% above weekly averages during this sell-off, indicating bearish momentum. The SEC's decision deadline for the Grayscale HBAR ETF on November 12, 2025, adds a layer of uncertainty. The selling pressure included significant transactions, reaching highs of 171 million tokens, 84% more than the average. HBAR's trading pattern showed two distinct phases: initial selling and a brief recovery attempt, followed by renewed declines. Key technical levels indicate primary support at $0.1700 and resistance at $0.1783. Despite the recent volatility, the overall structure shows lower highs and lower lows, hinting at ongoing bearish control after the breakdown of $0.1740 support. Immediate resistance was noted at $0.1750, with risks of further decline toward the psychological support at $0.1700.

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