$HBAR Long Liquidation: $9.6413K at $0.26547
๐จ Market Update:
Liquidation Type: Long
Liquidation Value: $9,641.30
Liquidation Price: $0.26547
๐น Market Insight:
Hedera Hashgraph (HBAR) faced a significant long liquidation at $0.26547, signaling bearish pressure.
However, this could create an opportunity for a potential rebound if the price finds support.
๐ฅ Whatโs Next?
Buy Zone: Enter between $0.2600 and $0.2700, where the price may stabilize.
Target 1: Aim for $0.2800, a key resistance level with a potential gain of 5.3%.
Target 2: If the recovery continues, target $0.3000, a psychological and technical resistance zone.
Stop Loss: Protect your trade with a stop-loss at $0.2550 to minimize risks.
๐ฅ Key Levels to Watch:
Support Zone: Strong support lies at $0.2600. A bounce from this level could indicate a reversal in sentiment.
Breakout Potential: A move above $0.2800 might lead to a rally toward $0.3200, backed by renewed buying interest.
๐ Pro Tips:
1. Monitor Volume: Look for high trading volume near $0.2650 to confirm strong buying activity.
2. Lock in Gains: Secure partial profits at $0.2800 and adjust your stop-loss as HBAR approaches $0.3000 for additional gains.
3. Follow Market Trends: Keep an eye on the altcoin market sentiment, as it can influence HBARโs momentum.
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