Market Overview for Hedera/Tether (HBARUSDT) – November 5, 2025

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Wednesday, Nov 5, 2025 4:49 pm ET1min read
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- HBARUSDT traded $0.17118 on Nov 5 after opening at $0.17182, with 24-hour range of $0.16975–$0.17207 and $19.77M turnover.

- Technical indicators showed bearish bias: RSI hit oversold 32, MACD below zero, and bearish moving average crossovers on 15-minute/daily charts.

- Volume spiked at $0.17207 resistance but failed to break higher, while Fibonacci levels suggest consolidation near $0.1708 as key support.

- Backtest strategy suggests short entry after 17:00 ET bearish engulfing pattern, with potential exit by Nov 8 if price breaks below $0.1708.

Summary
• Price opened at $0.17182 and closed at $0.17118 with a 24-hour range of $0.16975–$0.17207.
• Momentum shifted midday with RSI dipping into oversold territory before recovery.
• Bollinger Bands show moderate volatility, with price testing the lower band in early hours.

Hedera/Tether (HBARUSDT) opened at $0.17182 on November 4 at 12:00 ET, reaching a high of $0.17207 before closing at $0.17118 at 12:00 ET on November 5. The 24-hour low was $0.16975. Total volume amounted to 118,090,287 and total turnover reached approximately $19,769,169 (calculated using close prices).

On the 15-minute chart, key support appears at $0.16975, with price testing this level twice before bouncing. A bearish engulfing pattern formed between 17:00 and 17:15 ET, indicating a shift in sentiment. A potential resistance zone is forming near $0.17207, where volume spiked but failed to push higher. The 20-period and 50-period moving averages show a bearish crossover, while the 50-period remains above the 100-period on the daily chart, suggesting short-term bearish bias.

The MACD crossed below the zero line, signaling bearish momentum, while RSI dipped to 32 in the early hours before rebounding into neutral territory. This suggests oversold conditions may have acted as a short-term floor. Bollinger Bands narrowed late on November 4, signaling a potential breakout that occurred early on November 5. Price action has since remained near the upper band, indicating elevated volatility. Volume and turnover aligned well in the final hours, with no notable divergence observed.

Fibonacci retracement levels suggest a potential consolidation target near 61.8% at $0.1708 from the recent swing low at $0.16975. This aligns with the current price action, suggesting possible near-term support. The 38.2% level at $0.1703 is also a watch point for further downward movement.

Backtest Hypothesis
The described backtesting strategy relies on technical indicators and fixed holding periods, assuming a close price series for divergence studies and a maximum holding period of three calendar days. This strategy appears to align with the observed short-term bearish momentum and volume patterns seen in the 15-minute and daily data. If applied today, the strategy may have triggered a short entry near the 17:00–17:15 ET bearish engulfing pattern and held until November 8. Given the current price consolidation and volume behavior, similar setups could emerge if HBARUSDT breaks below $0.1708 or retests key resistance levels. However, traders should remain cautious as higher volatility and a potential breakout above $0.17207 could reverse the bias.