Hedera price is worth aroundr $0.067 after one of its weakest stretches of 2026, but analyst Bmendo believes HBAR may finally be offering an attractive entry.

He says HBAR has printed a confirmed buy signal after falling toward multi-month lows, with momentum indicators reaching oversold territory and price holding a support area that has produced strong rebounds in previous cycles.

HBAR is currently around $0.067, roughly 28% lower over the past month and close to its recent 52-week low near $0.0642.

What you'll learn 👉

Why Bmendo Thinks HBAR Risk/Reward Has Improved

Bmendo’s argument is based on three things: price compression, oversold momentum and Hedera’s underlying network activity.

After a long decline, HBAR is now sitting close to the lower end of its recent range.

Daily RSI readings from several market trackers are around 33-34, meaning HBAR is close to oversold conditions without yet showing a full momentum reversal.

Bmendo sees that as a favorable setup because downside has already been heavily compressed.

His first meaningful upside zone sits around $0.09-$0.12.

From $0.067, a move to $0.09 would represent roughly 34% upside. Reaching $0.12 would mean a gain close to 79%.

$HBAR just printed a confirmed buy signal. Price is sitting near multi-month lows around $0.067 after an extended drawdown from the 2021 high. Daily momentum indicators have rotated into oversold territory while higher-timeframe structure is holding key support zones that previously acted as launch points in prior cycles. When an asset with real network activity, fixed supply, and institutional use cases compresses this hard and then flashes a high-conviction technical setup, the risk/reward skews toward the upside. The next major resistance clusters sit in the $0.09–0.12 range. A clean reclaim and hold there would open the door to the mid-$0.20s and higher as broader liquidity returns to altcoins. The setup is simple: prolonged accumulation, oversold technicals, and a network that can already handle enterprise-scale volume. When the next risk-on wave hits, the charts that spent the longest time coiling tend to move the hardest. Not financial advice. Just the setup. $HBAR #Hedera #CryptoNews #Bullmarket $BTC $XRP $SOL $XLM

That makes the risk/reward attractive if the current floor holds.

The Buy Signal Still Needs Price Confirmation

The important nuance is that broader technical data is not yet fully bullish.

HBAR remains below several longer-term moving averages, and independent daily analysis still labels the larger trend bearish.

The nearest resistance is around $0.0677-$0.0697, followed by roughly $0.072-$0.074.

That means Bmendo’s buy signal is better viewed as an early reversal setup than confirmation that a new uptrend has already started.

A move above $0.07 would be the first useful signal.

A stronger reclaim of $0.074 would make the setup much more convincing.

The larger $0.09-$0.12 zone then becomes relevant because it overlaps with important Fibonacci retracement levels. One current daily model places the 38.2% retracement near $0.0897 and the 61.8% level around $0.1055.R

Read also: Our Hedera (HBAR) Price Prediction For November

Hedera Fundamentals Continue Moving Despite Weak HBAR Price

One reason Bmendo remains bullish is that Hedera continues adding infrastructure even as HBAR price struggles.

On November 9, Hedera detailed HIP-1341, which brings Ethereum Pectra execution-layer features to the Hedera Smart Contract Service.

The upgrade adds native BLS12-381 cryptography and improves Ethereum compatibility, potentially making it easier to deploy bridges, zero-knowledge applications and other EVM-based tools on Hedera.

The network has also continued expanding its institutional footprint.

Recent Hedera Council additions include FedEx, McLaren Racing and Accenture, while Hedera has also highlighted use cases involving tokenized securities and institutional financial infrastructure.

Those developments support Bmendo’s broader point that the network itself is still being built while price is near depressed levels.

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