Hedera (HBAR) Pulls Back 4.6% After Hitting Resistance

HBAR pulled back about 4.6% after a rally into a key resistance band of $0.074-$0.08, with volume dipping and futures showing net selling pressure. Despite no Hedera-specific negative catalyst, traders exited positions at resistance as the broader crypto market cooled. Institutional ETF inflows to Hedera remain positive, with Canaries Nasdaq ETF surpassing $100 million in net inflows. Short-term momentum signs (MACD) suggest a technical retrace, not a fundamental shift in Hedera’s narrative.