HBAR Price Action Stalls Despite Strong Institutional Demand
Hedera's price has been under pressure after breaking below the key $0.07 support level, putting July's $0.065 low as the next major level to watch.
Despite this technical bearishness, institutional positioning seems to be preventing a deeper correction.
HBAR ended July with over $3 million in net ETF inflows, marking its strongest monthly inflow since May, and limiting downside despite closing the month in the red.
Compared to Solana, which attracted strong institutional demand with $14 million in net ETF inflows in July but still ended the month down over 1.7%, HBAR's price action has been surprisingly strong.