HBAR Surge Signals Institutional Momentum Despite Late-Session Pullback

HBAR's recent rally of 4.62%, reaching $0.188, has been accompanied by a trading volume increase of 24.2% above its weekly average, indicating significant institutional interest. The strong performance of HBAR, which outperformed the CD5 crypto index by 6.37%, reflects asset-specific demand catalysts, especially as the ISO 20022 compliance deadline approaches. However, the price saw a sharp reversal during the last hour of trading, primarily due to institutional profit-taking. HBAR's price movements, including a rise from $0.1736 to a peak of $0.1925 before closing at $0.1892, indicate emerging resistance and short-term volatility. The primary support level is around $0.1880, with resistance between $0.1920 and $0.1950. A break above these resistance levels could target $0.200, while failure to hold above $0.1880 may lead to a decline towards $0.1750.

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