HBAR exhibited notable resilience in the 24-hour period between Oct. 7 and Oct. 8, climbing roughly 2% from session lows near $0.22 to settle around the same level. The token traded within a tight range, repeatedly testing support and resistance at $0.22.

Despite a steep decline in trading volume—from 138.43 million to 19.74 million tokens—HBAR maintained a steady consolidation pattern, hinting at reduced short-term participation but a stable accumulation phase.

Momentum built decisively during the final hour of trading, when HBAR broke out of its compressed formation between 13:12 and 14:11 UTC on October 8. After briefly retreating to an intraday low of $0.22, the cryptocurrency reversed sharply, breaching resistance levels and printing new session highs above $0.22.

The technical bre

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