$HBAR Long Liquidation Alert.

Total Liquidation: $3.6618K

Price Point: $0.26829.

Why This Matters: The massive $3.66K liquidation of long positions at $0.26758 could be signaling a significant shift in the $HBAR market. A liquidation of this magnitude typically happens when price action goes against long positions, triggering stop losses and liquidations.

What’s Next.

This event often signals heightened volatility and may pave the way for either a short squeeze or further downward pressure. Traders should keep an eye on potential price swings as the market recalibrates.

Key Levels to Watch:

Support: If $HBAR holds around $0.26758, it could present a potential buying opportunity.

Resistance: Watch for $0.28 to $0.30 as key resistance points in the upcoming price action.

Caution:

Long liquidations can lead to a sharp, sudden drop or a market rebound, so it’s important to stay vigilant. Traders might consider adjusting their positions or tightening stop-loss levels to manage risk.

Pro Tip:

Keep an eye on $HBAR’s overall sentiment and watch for signs of a market reversal or continued sell-offs.

#HBAR/USDT #BinanceAlphaAlert #BTCXmasOrDip? #ATASurgeAnalysis #BTCBelow92K