HBAR traded with sharp volatility over a 23-hour window from September 23 to 24, gaining just 0.90% despite wide intraday swings. The token ranged between $0.217 and $0.225, with the critical 04:00 session on September 24 marking a steep drop to $0.217 before a strong rebound. That zone now acts as support, while $0.225 remains firm resistance.
Trading volumes suggest institutional players stepped in during the selloff. Turnover hit 97.05 million at 04:00, far above the 37.89 million average, signaling accumulation at lower levels. Later, selling pressure returned, with HBAR slipping from $0.224 to $0.223 in the final hour of trading on volume nearly triple the norm.
The volatility came alongside a major development: Canary Capital’s filing for a spot HBAR ETF with a 1.95% expense ratio.