Hedera's HBAR token experienced a 1.7% decline over the past 24 hours, falling from $0.1669 to $0.1697. This drop followed the token's inability to surpass a critical resistance level, leading to a breakdown below the $0.170 support. The move was accompanied by a significant volume spike of 4.72 million tokens, indicating a potential distribution phase. Additionally, a brief trading halt lasting three minutes between 14:14 and 14:17 UTC added to the market's uncertainty regarding HBAR's short-term trajectory.