What you need to know:
● HBAR fell from $0.1291 to $0.1247, breaching a critical support level with exceptional trading volume.
● A flash crash occurred at 15:00 UTC with trading activity exceeding the average level by 175%.
● The token stabilized around $0.1235 as buyers appeared at technical support levels.
● HBAR is trading lower on Friday after breaking through several technical levels during an afternoon sell-off that reduced the token by 4% to $0.1247.
===========
The native token of the Hedera network shows a range of $0.0082, reflecting volatility at 6.4%, as resistance at $0.1320 proves insurmountable for bulls attempting to continue the rise.
Volume patterns show increased participation of institutional investors throughout the session. The rise in trading activity confirms genuine price discovery rather than movements typical of low-liquidity altcoins.
The afternoon decline forms a clear 'lower high' pattern from the initial spike on December 11, creating a deteriorating market structure that accelerates downward momentum through previously established support zones.
Technical levels at $0.1235 are becoming paramount as HBAR tests critical support after rejection at resistance of $0.1320.
Stabilization pattern in the range of $0.124-$0.125 after dramatic capitulation creates potential for a return to the mean and test of resistance at $0.126.
Traders remain cautious due to a decisive break of support levels on a higher timeframe and exceptional trading volume during the decline, indicating aggressive selling. This limits growth potential in the short term, despite an immediate price recovery providing some relief to bulls.
==========
Key technical levels indicate a consolidation range for HBAR
Support/Resistance:
• Immediate support established at $0.1235 after a daily decline.
• A strong resistance level has been confirmed at $0.1320 after several bounce attempts.
• New trading range between $0.123-$0.125 on 60-minute timeframes.
=======
Volume analysis:
• Exceptional spike to 165.9 million tokens (175% above the 24-hour average) during a key reversal.
• Trading volume during the 60-minute flash crash peaked at 15.7 million (700% higher than the hourly average).
• Sustained increased activity confirming the participation of institutional investors.
========
Graphic figures:
• A pattern of lower highs is forming from the peak on December 11, creating a bearish structure.
• Flash crash and recovery formation indicating accumulation near the support level.
• Decreasing momentum across several support levels indicates a trend reversal.
========
Targets and risk/reward ratio:
• Immediate growth target — the level of the weighted price return at $0.126.
• Risk of a decline to the support level of $0.123 in case of failure of the current consolidation.
• Key resistance remains at $0.1285, where the initial breakout occurred.
