HBAR Tests Critical Level of Support at $0.23 After Failed Bounce

HBAR is currently testing a crucial support level at $0.23 following a recent attempt to rebound that was ultimately unsuccessful. This situation indicates that the price of HBAR is hovering near a significant point where buyers may step in to support the asset, yet the failure of the previous bounce suggests potential weakness in bullish momentum. Traders and investors are closely monitoring this level to determine if it can hold, as a break below could signal further declines, while a sustained bounce could provide an opportunity for recovery. source: https://www.coindesk.com/markets/2025/08/22/hbar-tests-critical-level-of-support-at-usd0-23-after-failed-bounce