HBAR, the native token of the Hedera network, has fallen to $0.09 and is showing clear bearish momentum. But beneath the surface, large holders — so-called whales — are quietly adding to their positions. That split between price action and accumulation has traders watching for a drop to $0.08, followed by a possible recovery toward $0.11.
What the charts show
The price has been sliding for days, with sellers in control. At $0.09, support has held so far, but momentum indicators point lower. Short-term traders expect a break below the current level, with $0.08 the next major floor. That zone has acted as a pivot in recent months, and a test looks likely before buyers step in.
Whale activity while sentiment sours
Despite the bearish mood, on-chain data reveals that whales have been accumulating HBAR. Wallets holding significant amounts of the token have increased their balances over the past week. This kind of activity often signals that large players see the current price as a bargain — even if retail sentiment is leaning negative. The disconnect isn't unusual: whales often build positions during fear phases, then wait for a catalyst to push prices higher.
Where traders expect the bottom
The consensus among market participants tracking the token is a move to $0.08 before any meaningful bounce. That level has historical support and is seen as the line in the sand. If HBAR holds there, the setup for a reversal improves. If it breaks, the next stop could be lower, but most analysis points to $0.08 as the likely low before a rally.
The path back to $0.11
Once the drop plays out, a rebound toward $0.11 resistance is the predicted next leg. That level has capped rallies before. A successful push above it would signal a trend change. For now, the accumulation by whales gives the token a foundation, but the immediate direction remains down. Traders are watching the $0.08 zone for entries, with the $0.11 target in mind if momentum shifts.
Whether the whales are right — or the bearish momentum overpowers them — is the open question. The next few days will show if $0.08 holds and if the predicted bounce materializes.
