Hedera’s HBAR token faced selling pressure, dropping 4% from Aug. 31 to Sept. 1, with trading around $0.22. Over 110 million tokens were traded after hours, leading to coordinated divestment. Despite this, Hedera remains focused on enterprise adoption, with daily trading volume falling 46% to $172.85 million. Support levels were seen at $0.21-$0.22, but resistance near $0.22-$0.23 hindered recovery. Share price ranged from $0.22 to $0.22, with trading volume surpassing 110 million tokens overnight. Support levels were tested, but resistance at $0.22-$0.23 held firm as sellers maintained control in the market.

Read more at Yahoo Finance: HBAR Shares Drop 4% as Institutional Selling Intensifies