$HBAR Short Liquidation Spotted
Liquidation Amount: $10,017
Liquidation Price: $0.31327
The liquidation of a significant short position on Hedera ($HBAR) indicates heightened activity in the market. This could signal potential price shifts as shorts being liquidated often create upward pressure.
HBAR seems to be at a critical point. If bullish momentum continues, it could aim for higher levels. However, traders should remain cautious as resistance may test the strength of the upward trend.
Levels to Watch:
Immediate Resistance: $0.3200
Strong Support: $0.3050
A clear break above $0.3200 could signal a bullish continuation, but if it fails to hold above $0.3130, a pullback to $0.3050 support is possible.
Plan your trades carefully and follow market sentiment.
Stay ahead of the trend!
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