HBAR Consolidates at $0.2010 as Volume Surge Signals Distribution

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email HBAR Consolidates at $0.2010 as Volume Surge Signals Distribution Hedera faces selling pressure at $0.2055 resistance as trading volume explodes 137% above average, marking institutional distribution amid choppy price action. By CD Analytics , Oliver Knight Updated Oct 29, 2025, 4:54 p.m. Published Oct 29, 2025, 4:54 p.m. "HBAR drops 0.3% to $0.2010 amid 137% volume surge signaling institutional distribution at $0.2055 resistance." What to know : HBAR faces heavy resistance near $0.2055, with a 137% surge in trading volume signaling possible institutional selling and strong distribution pressure at that level. Support at $0.1938 remains critical, holding firm through multiple tests, but lower highs ($0.2044, $0.2032, $0.2017) reinforce a bearish short-term trend. Despite a temporary boost from the new Nasdaq-listed spot HBAR ETF, momentum has shifted back to sellers as intraday volatility and halted trading point to potential instability. HBAR slipped 0.3% to $0.2010 on Tuesday as sellers reasserted control near key resistance. The token traded within a tight $0.0124 range, fading from a session high of $0.2059 as technical selling capped upside momentum. A surge in trading volume to 249 million tokens—137% above average—confirmed heavy distribution at the $0.2055 level, suggesting institutional selling. Support at $0.1938 has held through repeated tests, but a series of lower highs at $0.2044, $0.2032, and $0.2017 signals persistent bearish momentum. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Intraday volatility intensified between 13:33 and 13:48, with sharp swings from $0.2015 to $0.2029 amid bursts of 20.6 million tokens. Trading abruptly halted at 14:16, pointing to possible market disruption or data issues. The $0.2014 pivot now serves as a key level as traders watch whether HBAR’s $0.1938 support can withstand continued pressure. The price action follows Tuesday's launch of a spot HBAR ETF on the Nasdaq, which led to a significant intraday increase in HBAR. HBAR/USD (TradingView) HBAR Technical Overview Support / Resistance Key support at $0.1938 has held through multiple tests. Strong resistance at $0.2055 remains unbroken after repeated high-volume rejections. Volume Analysis Recent 249M token volume spike marks a 137% increase over the average. Indicates institutional selling pressure and distribution concentrated near resistance. Chart Patterns Descending trendline confirms bearish momentum with successive lower highs at: $0.2044 $0.2032 $0.2017 Price action remains range-bound, but momentum favors sellers. Targets / Risk-Reward Downside target: Break below $0.1938 support could trigger further weakness. Upside potential: Recovery faces resistance at $0.2017 and major supply near $0.2055. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . AI Market Insights More For You OwlTing: Stablecoin Infrastructure for the Future By CoinDesk Research Oct 16, 2025 Commissioned by OwlTing Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent. 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