Here’s a thrilling breakdown for $HBAR :
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🔥 $HBAR Short Liquidation Alert! 🔥
A massive $10.01K short liquidation just hit at $0.30436, signaling that bears have been squeezed out at this level. This kind of move often triggers bullish momentum, and now might be the time to prepare for the next potential opportunity!
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📊 Current Scenario:
Price Level: $0.30436
Market Sentiment: Bullish momentum could follow, as short liquidations often create upward pressure.
Volume Insight: With shorts getting squeezed, the market may see increased buying interest in the short term.
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🛒 Buy Zone:
Look to accumulate between $0.298 - $0.302. This range might provide a good entry if prices retrace slightly before moving higher.
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🎯 Target Levels:
1. Short-term Target: $0.315 (First resistance level)
2. Mid-term Target: $0.328 (Key profit-taking zone)
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🛑 Stop Loss:
Set your stop-loss at $0.292. This will protect your position if the price reverses unexpectedly.
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⚡ Next Move:
A breakout above $0.307 could spark a stronger rally, pushing $HBAR toward the target zones.
Keep an eye on Bitcoin and market-wide sentiment; they often influence altcoin performance.
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💡 Pro Tip: Short liquidations can cause rapid price spikes, but always stick to your plan. Risk management is your best friend in volatile markets!
How will you ride this wave? 🚀
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