HBAR Holds Support as Bullish Momentum Builds Despite Resistance Pressure

Hedera’s HBAR token posted a modest 0.9% gain over the 24 hours ending Nov. 26, rising from $0.1418 to $0.1431 as steady buying interest supported early trading. The cryptocurrency briefly touched an intraday high of $0.1479 during a surge in volume around 01:00 UTC, marking its strongest upward move of the session. Although the price ultimately pulled back from the $0.1480 resistance zone, traders noted the persistent demand underpinning HBAR’s structure.

Throughout the trading period, HBAR moved within a narrow but active $0.0059 range. Multiple attempts to break through $0.1480 were met with concentrated selling pressure, reinforcing the level as a key barrier. Even so, the token consistently held above the crucial $0.1430 support level, which signaled firm accumulation from buyers and helped stabilize price action. A late-session uptick in trading activity pushed HBAR slightly higher to $0.1435, confirming a clean break above the $0.1430 threshold.

Trading volume played a significant role in shaping market sentiment. Peak volume reached 67.5 million—about 28% above the 24-hour average of 52.7 million—during HBAR’s brief rally. The final hour of trading contributed 1.38 million in volume, reinforcing the bullish breakout and hinting at continued market interest. With momentum cooling afterward, investors are now watching for a potential catalyst that could determine whether HBAR maintains its position above support or retraces toward lower levels.

From a technical standpoint, support remains concentrated at $0.1420, with a broader floor at $0.1418. Resistance is firmly established at $0.1480 after three failed breakout attempts. If buyers manage to propel the token above this level, HBAR could revisit or exceed the recent high at $0.1479. Conversely, a drop below $0.1430 may prompt a retest of the $0.1420 support area.

Overall, HBAR’s current consolidation suggests a balanced tug-of-war between bullish momentum and overhead supply, leaving traders focused on whether the next move will unlock a clearer breakout path.