Markets· ★★· bearish·

HBAR trades near $0.08 below 20- and 50-day averages as futures sellers dominate

  • —HBAR trades near $0.08 on Binance, below its 20- and 50-day averages
  • —Futures show net taker selling, according to Blockchain.News
  • —HBAR ranks second on Korea's interest index at 79.6 points
  • —24-hour HBAR trading volume in Korea reached 32.2 billion won
Why it matters: Trading below key moving averages with futures sellers in control points to downside risk and fragile support for the token.
Source: TokenPost