HBAR has demonstrated a remarkable surge of 4.4% within a 23-hour timeframe, breaking the resistance at $0.2280 owing to substantial institutional interest and a spike in trading volumes.

• Trading volume exceeded daily averages by 124%, reaching 91.65 million tokens during peak hours.
• Prices reached a high of $0.234 before a subsequent pullback as traders took profits.

In summary, the movement from $0.22 to $0.23 signifies strong bullish momentum in HBAR, though recent trends indicate challenges in maintaining these gains amid profit-taking activities. The market’s response to resistance levels near $0.234 will be crucial moving forward.