HBAR experienced a decline of 2.46% to $0.238 as it broke through critical support levels amid significant institutional selling during volatile trading between August 18 and 19. The drop was exacerbated by heavier than expected U.S. Producer Price Index data, which prompted $460 million in crypto liquidations and intensified market pressures. In this turbulent period, HBAR's trading varied between $0.249 and $0.237, highlighting extreme volatility. While early signs showed a potential recovery toward $0.243, heavy selling led to a swift decline and confirmed the breach of the key $0.242 support level. Despite short-term challenges, analysts remain optimistic about HBAR’s long-term potential due to its strong infrastructure and corporate partnerships, suggesting a foundation for future growth despite ongoing volatility.

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