Hedera’s HBAR rose about 5% during a choppy 23-hour window between Sept. 10 and 11, trading in a tight band near 0.23 to 0.24 dollars. The token dipped to support early in the session, then recovered as U.S. CPI headlines stirred risk markets. By the close of the move, HBAR was pressing back toward its intraday ceiling.
The rebound rode a sharp jump in activity. CoinDesk reported average daily volume near 35.4 million HBAR versus a surge to roughly 156.1 million by mid-day on Sept. 11. That pickup in flows helped defend the 0.23 level, though sellers again showed up near 0.24, which remains the near-term cap. Yahoo Finance mirrored the same ranges and volume dynamics.
Context from recent weeks shows how contested this zone has been. At the end of August, HBAR slid on heavy selling and briefly tested support in the low 0.23s. Separate analysis also noted repeated buying interest around 0.233 to 0.237 through late August, which set the stage for this week’s bounce when macro volatility returned.
Macro signals still matter. CoinDesk flagged rising “choppiness” in bitcoin around CPI updates, a sign that index-level turbulence can spill into majors and mid-caps like HBAR. Seasonality is another watchpoint. Some data sets show September has often been a softer month for the token, which could keep ranges sticky unless buyers punch through resistance.
What to watch next. A clean break above 0.241 to 0.248 would mark progress and open a retest of late summer highs. Failure to clear that shelf keeps the focus on 0.23 support and, if momentum fades, the low 0.22s. For now, HBAR’s ability to rally on a volatile CPI day hints at improving resilience, but the chart still needs confirmation.