Hedera's Fundamental Flaws Challenge Its Long-Term DeFi Prospects Amid Intensifying Sell-Off
- HBAR's 2.5% drop below $0.1480 triggered heavy selling, with 168.9M tokens traded as institutional distribution accelerated. - Liquidity concerns emerged after a 14-minute trading halt and 138% volume spike failed to stabilize the $0.1486 resistance level. - Hedera's Wrapped Bitcoin integration aims to boost DeFi adoption but hasn't offset immediate bearish momentum or liquidity fractures. - Technical indicators show breakdown risk with key support at $0.1382, as sellers dominate with a risk-reward profi
HBAR's latest price movements have ignited discussions among market participants regarding whether the token's steep drop offers a buying window or reveals underlying vulnerabilities. On Nov. 16, the cryptocurrency dropped 2.5% to $0.1480,
The downward trend deepened on Nov. 17, as
Although technical challenges persist, some experts maintain that Hedera's long-term outlook remains positive. The integration of
At present, the risk-to-reward ratio appears to favor sellers, with a breach below $0.1440 likely targeting the $0.1382 mark. While optimistic traders may look for a buying opportunity if the price steadies, the ongoing lack of strong buying and liquidity issues suggest that downward movement remains the most probable scenario. Investors should keep an eye on trading volumes and significant resistance points before making new commitments.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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HBAR's Liquidity Shortage Raises Concerns Over Market Volatility
- Hedera's HBAR token fell below $0.145 support to $0.1373, triggering liquidity concerns and bearish technical signals amid sharp volume collapses and trading halts. - Institutional selling and failed recovery attempts intensified on Nov. 18-20, with 71%-180% volume surges highlighting structural weakness and resistance breakdowns. - A descending channel pattern and exhausted buyer momentum suggest prolonged weakness, with critical support at $0.1457 now under pressure to prevent deeper declines. - Market
