HBAR Price Rallies Toward Resistance as Bulls Target the Key $0.177 Breakout Level

Key Insights:

• HBAR price eyes $0.177 breakout as bulls gain momentum after rebound from key October support.
• Analysts watch $0.070–$0.060 support, warning a deeper drop is possible if levels fail to hold.
• RSI drop in PENGU signals oversold market, yet sellers continue to control broader crypto price action.

Hedera (HBAR) has recently bounced from key support levels and is showing early signs of recovery. While price action remains below critical resistance, bullish traders are watching closely as the token attempts to regain upward momentum. The current price stands at $0.088311, down 3.01% in the last 24 hours, with trading volume reaching nearly $100 million.

HBAR Testing Key Levels After Pullback

HBAR has recently returned to a price range near the October 10 low at around $0.072. While some support has appeared at this level, analysts believe the reaction has been weak so far. According to More Crypto Online, this reaction alone is not enough to suggest that a durable bottom is in place.

Until the price breaks above the trendline and clears resistance near $0.126, analysts continue to view recent upward moves as short-term corrections. The structure of the market has stayed in line with previous forecasts, and the overall trend remains uncertain unless buyers reclaim higher levels.

Market watchers are focusing on HBAR’s ability to reclaim former resistance levels, especially the trendline and the zone between $0.126 and $0.177. Many believe that a move above these areas would confirm the start of a stronger trend reversal.

Support Levels Are Holding but Risks Remain

HBAR has found support in the $0.070 to $0.060 range, where buyers have started to appear again. Crypto Chiefs noted that there is limited downside left for $HBAR, pointing to the strength of these support levels. 

A failure to hold above this zone could open the door for a deeper pullback. If price breaks below the support line, the next key level to watch would be around $0.046. 

This would signal increased selling pressure and a possible continuation of the downward move. Until then, the current support is seen as the main buffer keeping HBAR stable.

HBAR Struggles to Break the Downtrend

HBAR is continuing its multi-month downtrend with limited signs of reversal. The Relative Strength Index (RSI) stands at 38.97, indicating weak momentum but not yet oversold territory. Price action shows persistent lower highs and lower lows, reflecting ongoing bearish sentiment. 

Despite occasional relief rallies, sellers remain in control, and the asset is trading near its recent local lows. This trend raises concerns among investors about whether further downside is likely or if consolidation is forming.