HBAR staged an impressive rally over the past day, climbing 4.4% as strong institutional flows propelled the token past a key resistance level. The move, which carried prices from $0.22 to $0.23 between September 8 and 9, was supported by a surge in trading activity. Volumes spiked to 91.65 million during the 13:00 hour — more than double the daily average of 40.85 million — reinforcing the view that large-scale buyers were behind the breakout.

The technical picture added weight to the bullish narrative. HBAR notched higher lows at $0.2217 and $0.2246 before shattering resistance at $0.2280 on massive volume. Momentum accelerated in the morning session, driving prices from $0.2274 to an intraday peak of $0.2335. Market structure and activity confirmed institutional accumulation, granting the breakout added credibility. Bulls appeared firmly in control as the rally unfolded.

Yet the strength proved fleeting. In the final hour of trading, HBAR reversed course, slipping 0.32% from $0.233 to $0.233 as profit-taking emerged. The selloff began after the token touched a session high of $0.234 at 09:20 and intensified during a concentrated window between 09:40 and 09:53. Heavy bursts of selling, with volumes of 1.97 million and 2.28 million tokens, signaled that institutional investors were cashing in on short-term gains.

The sharp pullback highlights the ongoing tug-of-war between bullish momentum and profit-taking pressures. While the breakout above resistance suggests broader appetite for HBAR, the swift reversal underscores the challenges in sustaining rallies in a market still sensitive to institutional flows. Bulls now face a test of conviction, with resistance near $0.234 emerging as a pivotal battleground.

Technical Indicators Analysis

• Price Action: Higher lows at $0.2217 and $0.2246 confirm trend. Upward structure holds through session.
• Volume Analysis: 91.65 million tokens trade during peak hour. Figure beats 40.85 million daily average by 124%.
• Resistance Breakout: $0.2280 level cracks on heavy volume. Bulls push through key technical barrier.
• Momentum Acceleration: Morning surge from $0.2274 to $0.2335 shows strength. 6:00-8:00 window drives gains.
• Reversal Signals: Final hour volume spikes warn of selling. 1.97 million and 2.28 million bursts signal profit-taking near $0.234.

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