HBAR Plunges 8.83% as Selling Pressure Builds on Heavy Volume
- —HBAR trades 4.91% below its intraday VWAP of $0.07345
- —RSI at 27.9 and stochastic at 5.8 point to oversold conditions
- —Market cap stands at $3.09 billion; intraday low was $0.06865
- —Down 14.15% over seven days and 32.46% over 30 days
Why it matters: Oversold readings without a confirmed catalyst do not guarantee a bounce, so traders should wait for a reclaim of the VWAP before acting.
Source: DiarioBitcoin