Hedera (HBAR) is currently navigating a critical technical juncture. The token successfully defended a key support level in early November 2025, a move that has captured the attention of traders and institutional risk managers.
A Crucial Test of Support
In trading on November 6, 2025, HBAR pulled back to test the significant support level at $0.1688, with its price touching $0.1691. This was not an isolated event but part of a sequence of recent declines. Just a few days prior, on November 4, HBAR had slid 4.2% to $0.173 as technical selling overwhelmed earlier optimism, breaking below the $0.1740 support level. This pattern extended back to October 21, when the token fell 4.3% amid institutional selling that also breached key support.
What made the November 6 session notable was the market’s response. The dip was accompanied by a 32% surge in trading volume, reaching 63.6 million tokens. This spike in activity during the test of support signaled strong buying interest at that price point, successfully defending the level and forming a potential double bottom on hourly charts.
The Road Ahead: Resistance and Market Sentiment
Following this successful defense, the immediate technical outlook points toward a rebound. Analysts are watching the $0.1720 to $0.1730 range as the next key resistance zone that HBAR must conquer to confirm short-term bullish momentum. A break above this area could open the path for further gains.
However, the broader market sentiment presents a headwind. Overall investor mood around Hedera remains in negative territory, with key indicators reflecting a bearish sentiment. HBAR is also trading below its 200-day simple moving average, which often acts as a dynamic resistance in downtrends. This negative bias, combined with HBAR’s high correlation to Bitcoin’s movements, means that despite showing resilience at its local support, the token remains susceptible to broader market volatility and systemic risk.
For traders and treasury teams, the defense of the $0.1688 level has established a clear operational reference. The market’s next steps will be determined by its ability to push through the overhead resistance with sustained volume, or risk falling back to retest the recently established support.
