Recent price drop signals investor concerns: HBAR’s price plunged 23% last week, reflecting weak market sentiment. Additionally, social dominance fell drastically from 3.84% to 0.90%, indicating dwindling investor interest and a shift towards more dynamic cryptocurrencies.
Essential support levels to monitor for recovery: HBAR must hold the critical support of 0.25 USD to prevent further declines. Conversely, if it breaks the resistance at 0.39 USD, renewed buying interest may restore market confidence and spark recovery.
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