HBAR falls 4.2% to $0.173 after breaking $0.1740 support as heavy selling and higher volume drive bearish structure
first published 2025-11-04T16:50:55Z
HBAR dropped 4.2% in the 24 hours to Nov. 4, sliding from $0.181 highs to close at $0.173 after breaking key support at $0.1740. Trading volume was 28.69% above its 7-day average during the sell-off; the largest sell wave (171.0 million tokens) occurred at 05:00 GMT as price fell from $0.1775 to $0.1703. Price action created lower highs and lower lows; primary support is $0.1700 and resistance is $0.1783 (immediate $0.1750). The SEC set a Nov. 12, 2025 deadline for the Grayscale HBAR ETF decision, but short-term technical selling dominated ETF-driven optimism.
AI Analysis
Price broke key support at $0.1740 with trading volume 28.69% above the 7-day average and a concentrated sell of 171.0 million tokens that pushed price from $0.1775 to $0.1703, producing a bearish lower-high/lower-low structure; although an ETF decision deadline exists (Nov. 12, 2025), short-term technical selling outweighed ETF optimism.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant