HBAR Falls Through Major Support Level as Bearish Pressure Outweighs Recent DeFi Strength

Freepik Hbar Breaks Key Support As Bearish Sentiment Overp 75860

HBAR Extends Declines as Technical Breakdown Triggers Heavy Selling

HBAR continued its slide on Tuesday, dropping 2.5% from $0.1518 to $0.1480 after losing a critical support level that sparked a new wave of selling. The breakdown followed a late-session surge in activity on Nov. 16, when 168.9 million tokens traded — 94% above average — indicating strong institutional distribution.

Short-term price action showed further deterioration, with HBAR slipping an additional 2.2% to $0.1472 as volume spiked to 180% above typical levels. A succession of lower highs reinforced a descending channel pattern, giving traders a clearer bearish framework for timing shorts.

The weakness came despite renewed enthusiasm surrounding Hedera’s upcoming Wrapped Bitcoin integration, intended to boost the network’s DeFi activity heading into 2025. For now, however, technical pressure dominates, and the $0.1457 support zone has emerged as the key level for bulls attempting to halt the decline.

HBAR Technical Breakdown: Key Levels and Structure

Support & Resistance

Primary support now sits at $0.1457, formed after rejection on elevated volume.
Overhead resistance holds firm near $0.1488, where strong sellers re-entered.
A descending channel has been confirmed through a sequence of lower highs.

Volume Signals

Peak volume of 168.9M tokens (94% above the 24-hour average) marked the initial reversal.
Hourly sell pressure peaked at 6.2M tokens during the sharpest part of the decline.
Breakdown phase confirmed by a 180% surge in trading volume.

Chart Structure

Range-bound consolidation between $0.1460–$0.1530 decisively broke to the downside.
Descending channel indicates sustained bearish momentum.
Persistent distribution points to a broader structural breakdown.

Targets & Risk Parameters