Hedera (HBAR) registered a 2.1% decline on November 11, 2025, closing at $0.1837. The move was marked by unusual trading volume of 142.7 million tokens. This volume, 95% above the 24-hour average, puts HBAR support under pressure and suggests an imminent technical breakdown.
Technical analysis, according to expert Oliver Knight, confirms a structural break. HBAR rejected the key resistance zone around $0.1885. With the drop, it lost the consolidation range it had maintained between $0.1840 and $0.1870. The asset formed a series of “lower highs” since its recent peak of $0.1967, indicating a weakening trend.
This selling pressure occurs despite recent positive institutional news. On October 28, Canary Capital launched the first US ETF focused on HBAR (HBR). However, the creation of this new institutional access did not stop the slide. Analysis suggests this could be due to strategic repositioning by institutional operators, rather than simple short-term panic selling.
Can Hedera’s fundamental utility counteract market volatility?
The combination of a price drop with a volume spike is often a warning sign for investors. It indicates possible coordinated exits or large-scale sales, directly impacting liquidity. This can increase short-term volatility. The confidence of asset managers, who viewed the ETF as a new entry route, could be temporarily affected by this bearish price action.
Despite the technical pressure, the Hedera network maintains strong operational fundamentals. It continues to process millions of low-cost transactions. Furthermore, its governance model involves relevant global companies. These factors support the argument for medium-term utility even during phases of selling pressure. Traders are now watching the immediate support at $0.1831. If this level fails, the next technical target is $0.1820, while a recovery would require breaking above $0.1870.
