HBAR's Liquidity Shortage Raises Concerns Over Market Volatility
- Hedera's HBAR token fell below $0.145 support to $0.1373, triggering liquidity concerns and bearish technical signals amid sharp volume collapses and trading halts. - Institutional selling and failed recovery attempts intensified on Nov. 18-20, with 71%-180% volume surges highlighting structural weakness and resistance breakdowns. - A descending channel pattern and exhausted buyer momentum suggest prolonged weakness, with critical support at $0.1457 now under pressure to prevent deeper declines. - Market
Hedera's
The decline intensified on Nov. 18, as
Technical signals highlight the seriousness of the recent drop.
Traders are watching closely to see if HBAR can remain above $0.1451, the next significant support, to prevent a steeper drop.
HBAR's broader decline is set against a backdrop of weak market structure and a lack of fundamental drivers to counteract technical headwinds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
South Korean Firm Bitplanet Boosts Bitcoin Stack to 228.5 BTC
Bitcoin Volatility: How Saylor Sees Risk Driving Innovation
Tom Lee BTC Outlook Softens Yet Signals a Move Above $100K
Jamie Dimon Goes From “Bitcoin Fraud” Claims to Blockchain Champion