Hedera Hashgraph’s native token HBAR has plunged 22% over the past month, facing intense selling pressure from both retail and institutional investors. Technical analysts identify $0.1885 as a critical support level that could determine the token’s near-term trajectory. The decline comes amid waning social discussion and reduced smart money activity.
- Social dominance for HBAR dropped 55% to 0.74%, indicating waning retail interest that historically correlates with price momentum
- Smart Money Index fell to 1.108, suggesting institutional investors are adopting a cautious approach and reducing exposure
- Whale accumulation trends observed recently suggest large investors still see long-term potential despite current bearish conditions
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