Bulls Hold Support But Face Technical Resistance

Hedera price today trades near $0.148 after a sharp rebound from the $0.125 demand zone. The recovery lifts short term momentum, but the broader structure still leans bearish as HBAR trades below a dominant descending trendline that has capped every rally since September. 

Revived Bounce Faces A Firm Trendline Wall

HBAR’s 20 day EMA near $0.155 is the first level blocking progress. Price continues to fade each time it approaches this line, showing that short term control has not shifted. The 50 day and 100 day EMAs near $0.174 and $0.189 reinforce the ceiling and align with the broader downtrend. HBAR has not reclaimed a single major EMA in this cycle, and the chart continues to print lower highs.

The Supertrend remains red, confirming that the higher timeframe trend has not changed. Even with the rebound from $0.125, the candles show compression under the trendline rather than strength through it. Every rally since September has stalled at this same confluence, and the current move is showing the same behavior.

A decisive break above $0.155 is required to weaken the trendline reaction. Without that, HBAR remains vulnerable to a pullback toward $0.140 and possibly another test of the $0.125 demand zone.

ETF Buying Builds A Base Beneath A Weak Chart

A key development this week is renewed institutional inflow. Data from FinancialPress shows that Canary Capital’s HBR Hedera ETF increased its holdings again as of November 23. The ETF now holds 421,473,721 HBAR, worth roughly $54.86 million, equivalent to about 0.84 percent of the total supply.

The steady rise in ETF holdings signals long term confidence in Hedera’s role in enterprise and regulated digital infrastructure. Accumulation of this scale is rare during downtrends and creates a supportive macro backdrop.

Three Straight Inflows Test The Dominance Of Sellers

HBAR spot flows have strengthened meaningfully over the past three sessions. Coinglass data confirms a clear run of consecutive inflows, including the most recent $71,000 inflow on November 24. This is the first sustained green streak in weeks and stands in sharp contrast to the heavy distribution that dominated most of the quarter.

The shift signals that sellers are no longer in full control of liquidity. The consistent inflows show capital returning to the asset after the November selloff, reducing pressure on the downside and helping stabilize the recovery from the $0.125 zone.

Short Term Momentum Firms But Resistance Stays Heavy

The 2 hour chart shows a clear recovery from the $0.125 zone, where Bollinger Bands expanded and created a volatility squeeze breakout to the upside. The rally pushed HBAR toward the upper band near $0.156, but the move is starting to cool off.

RSI sits near 66 after reaching overbought conditions earlier in the session. This level signals early fatigue, and price is now consolidating near $0.149 as intraday traders lock in profits.

The short term structure is improving, but the recovery occurs inside a broader downtrend. The intraday momentum needs sustained strength above $0.156 to prevent another rollover toward the mid Band at $0.140.

Will Hedera Go Up?

HBAR’s next move depends on whether buyers can break the descending trendline and reclaim the EMA cluster.

• Bullish case: A close above $0.155 confirms strength and opens the path toward the 50 day EMA near $0.174. Breaking above $0.174 would flip momentum and target $0.189, where the 100 day EMA sits.
• Bearish case: Failure at the trendline sends HBAR back toward $0.140. A breakdown below $0.128 exposes the $0.110 liquidity zone and resumes the broader downtrend.

The structure improves only if HBAR reclaims the trendline and the 20 day EMA with convincing volume. Staying below $0.155 keeps the bias defensive heading into December.