coindesk.com
Hedera’s HBAR token rose 0.9% over the 24 hours ending Nov. 26, lifting from $0.1418 to $0.1431 as consistent buying supported early trading. The token briefly spiked to $0.1479 on stronger-than-average volume, marking its sharpest gains around 01:00 UTC.
Price action was defined by a tight but volatile $0.0059 range, with repeated tests of the $0.1480 resistance zone meeting heavy selling pressure. Still, HBAR’s ability to hold above the key $0.1430 support level signaled firm underlying demand, and elevated activity in the final trading hour pushed the token to $0.1435.
The broader setup reflects a balance between improving bullish momentum and visible overhead supply. Early accumulation near $0.1420 set the stage for a confirmed breakout above $0.1430, though sellers remained active at higher levels. With volume cooling after the late-session push, traders are watching whether HBAR can sustain its hold above support as it awaits the next catalyst.
Key Technical Levels Signal Consolidation Breakout for HBAR
Support/Resistance: Primary support established at $0.1420 with floor at $0.1418. Resistance holds at $0.1480 after three rejection attempts, with immediate ceiling now at $0.1435.
Volume Analysis: Peak volume of 67.5M marked the rally phase, surging 28% above the 24-hour average of 52.7M. Final hour volume of 1.38M validated the $0.1430 breakout.
Chart Patterns: Volatile consolidation spanning $0.0059 range delivered 4.1% intraday movement. Triple test of $0.1480 resistance followed by confirmed break above $0.1430.
Targets & Risk/Reward: Next upside target sits at prior $0.1479 high, with support now at $0.1430. Clear break above $0.1480 opens higher targets, while $0.1430 failure retests $0.1420 base.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.