Hedera’s HBAR token has pulled back to approximately $0.062, a level prominent crypto analyst CrediBULL Crypto describes as a higher-timeframe “macro buy zone” that could set the stage for a larger reversal. In a chart update shared on November 13, the analyst noted that many coins he tracks are testing similar macro-bottom areas, and he expects reactions from these regions to be significant if confirmed.
According to CrediBULL, the accumulation range runs from the low-$0.06 area down toward the low-$0.04s, with a deeper macro reference near $0.0359. HBAR had previously bounced from around $0.06 to $0.107 without fully testing the broader zone, but that rally failed and price has returned to the area he originally wanted to see tested. The daily RSI has dropped into deeply oversold territory around 25–26, while daily, four-hour, and weekly trend readings remain bearish, suggesting the local reversal is not yet confirmed.
Key resistance levels begin near $0.0623, $0.0644, and $0.067. The first major structural level bulls need to reclaim is around $0.07245, while the larger resistance sits near $0.1074 — roughly 76% above the current price. On the downside, immediate supports are near $0.0604, $0.0585, and $0.056; losing those could push HBAR deeper into the accumulation zone before any lasting recovery.
Fundamentally, Hedera continues to show institutional progress despite the weak price action. Apex Group, which services more than $3.5 trillion in assets, recently joined the Hedera Council and plans to explore tokenization and digital-asset use cases on the network. Although that does not create immediate HBAR demand, it supports the longer-term development narrative as the token trades near multi-month lows.
