HBAR drop over 2% for heavy volume, e break $0.1480 support
HBAR don drop 2.1% after e no fit pass the $0.1940 resistance, e slide go $0.1837 as volume spike reach 95%. Volume sharp increase again by 94%, make e drop further by 2.5% to $0.1480 on Nov. 17 as spike reach 180%. Technical charts dey show say e dey move down inside one channel with lower highs, meaning say bearish momentum dey. Immediate resistance dey for $0.1488 and $0.1842, while correct supports dey for $0.1457, $0.1831 and $0.1820. Even though Hedera plan to integrate WBTC for DeFi by 2025, HBAR never still stable. Traders suppose dey watch volume trends and the $0.1457–$0.1465 zone for signs say consolidation fit happen or market fit drop further.
Bearish
Di unified summary tok say HBAR don dey drop consecutively, plus e get significant volume surge wey show say na institutional selling, no be retail profit-taking. Di breaching of plenti support levels and di formation of descending channel with lower highs dem show say di bearish momentum go still dey, and e fit bring more downside short-term. Even thought di planned WBTC integration fit beta Hedera long-term DeFi outlook, e never stop di current sell-off or attract enough buying pressure. Traders fit see small bounces for key support zones, but until HBAR rebound resistance levels like $0.1488 or $0.1842 on low volume, market sentiment go still dey biased towards sellers.