Overview
- Hedera fell 21.7% intraday from $0.215 to $0.1685, touching its 100-week moving average near $0.145 for the first time since November 2024.
- The selloff featured heavy liquidations and a trading volume spike of about $796 million as broader crypto markets faced sharp volatility.
- Price stabilized near $0.17 and later advanced toward $0.19 on Oct. 13, briefly pushing through the $0.190–$0.191 band on strong volume.
- Analysts highlight immediate resistance around $0.19, key long-term support near $0.15, and a widely watched reclaim level at $0.21 to avoid a more bearish structure.
- Several traders cite seller exhaustion around $0.17 and potential accumulation, though a close below the 100-week average could expose downside toward $0.10–$0.12.