HBAR Faces Mounting Bearish Headwinds at Critical $0.17 Threshold

Hedera’s native token HBAR is navigating a challenging technical landscape as bearish momentum threatens to stall its recent recovery efforts. Following a November 21, 2025 rally that pushed prices to $0.1439—clearing prior four-hour highs—bulls appear to be losing traction. Current market data shows HBAR trading at $0.12 with a 24-hour decline of -0.99%, signaling renewed selling pressure despite earlier optimism that gripped traders just weeks earlier.

Historical Turbulence Sets the Stage

The token’s recent struggle isn’t isolated. October witnessed a brutal 11.5% collapse that devastated support structures, with HBAR plummeting from $0.1426 to $0.1281 and decisively breaking below the $0.1350 floor. That capitulation sparked a flood of institutional liquidations, driving trading volume to 250.3 million units—representing a staggering 98% surge above baseline activity. The speed and intensity of that decline underscored HBAR’s notorious volatility and the fragility of price floors when conviction deteriorates.

Technical Structure Under Siege

Currently, HBAR battles within a descending channel formation, with immediate resistance fixed at $0.1400—a level the token must reclaim to signal genuine recovery intent. Breaking above this barrier would theoretically validate a sentiment shift, but technical exhaustion suggests otherwise. The broader resistance zone spanning $0.17 and $0.19 represents the “do-or-die” territory for bulls. A sustained close above $0.17 would confirm a meaningful reversal, potentially unlocking momentum toward $0.19. Failure to sustain these levels risks triggering renewed capitulation.

Macroeconomic Crosswinds Amplify Bearish Bias

Beyond technical factors, macro conditions conspire against risk assets. Federal Reserve officials, including Dallas Fed President Lorie Logan, have signaled reluctance to implement additional rate cuts in December, citing stretched asset valuations and compressed credit spreads. A stronger U.S. dollar index—already volatile from mixed central bank messaging—compounds headwinds for cryptocurrencies, which typically underperform during high interest rate environments.

Market watchers from major analysis platforms have flagged overbought readings and persistent regulatory uncertainty as factors that could cap gains through year-end, suggesting institutional caution may persist.

Path Forward: Breakout or Breakdown

HBAR’s near-term trajectory hinges on whether institutional buyers re-engage or if selling pressure intensifies. A convincing break above $0.17 would vindicate the bull case and potentially catalyze advances toward $0.19. Conversely, inability to hold current technical support could reignite selling, particularly if macroeconomic conditions deteriorate or regulatory headwinds worsen. Traders monitoring this token face a decisive inflection point—momentum must materialize soon, or bearish forces may reassert complete control over price action.

The $0.12 level and recent price action suggest caution is warranted until clear evidence of reversal emerges.