Hedera Tumbles to Annual Lows as Cryptocurrency Market Dips

Hedera Falls to Year-Low After High-Volume Resistance Rejection

Hedera (HBAR) slid 5.8% on Sunday, dropping from $0.1202 to $0.1127 as technical selling pressure overpowered early buying attempts. The cryptocurrency failed to sustain gains above $0.1218, forming a bearish structure dominated by profit-taking near key resistance levels.

Trading activity surged to 69.18 million tokens at 20:00 UTC on Dec. 14, an 86% increase above the 24-hour average of 32.8 million, as HBAR tested critical resistance at $0.1194. The rejection at this level triggered heavy selling, pushing prices through established support. Subsequent sessions saw declining volumes, signaling reduced institutional participation.

Late-session activity, however, suggested a possible reversal from the bearish trend, highlighting $0.1194 as a key battleground for HBAR’s near-term direction. Aside from a brief spike during October’s liquidation, HBAR now trades at its lowest levels since November 2024.

Technical Overview

Support/Resistance: $0.1194 remains critical resistance; short-term support at $0.1121, with deeper support near $0.11.
Volume: High-volume rejection confirmed resistance, while a 750% surge near session close indicated renewed institutional interest.
Chart Patterns: Descending trendline from $0.1218 broken, but price remains in a $0.1129–$0.1193 consolidation range.
Targets & Risk: Breakout above $0.1194 could reach $0.1218, while a drop below $0.1121 risks testing $0.11.

HBAR’s trajectory remains balanced between bearish pressure and potential recovery, with institutional flows and key technical levels set to guide the next move.