🚨 $HBAR Short Liquidation Alert 🚨

💥 Shorts wiped out! $7,375 worth of short positions liquidated at $0.32421. This could be a big move for Hedera ($HBAR ) as the bulls flex their strength. Let’s uncover the next steps and trade opportunities!

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🔍 What’s Happening?

This liquidation signals strong buying pressure, forcing short sellers to cover. Bulls could push prices higher, but watch for a potential pullback as the market cools.

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📊 Trading Strategy

Buy Zone (Entry Point):

$0.3120 - $0.3180

Wait for a slight dip into this range before entering. This is where buyers may step in again.

Target Zones (Take Profit):

Target 1: $0.3350

Target 2: $0.3500 (if bullish momentum holds strong)

Stop Loss:

Place your stop loss below $0.3050 to manage risk effectively.

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⚠️ What to Watch For:

1. Volume Confirmation: Strong volume near $0.32421 could signal further bullish momentum.

2. Resistance at $0.3350: If HBAR breaks this level, expect another rally.

3. Market Sentiment: Monitor the broader crypto market for signs of bullish or bearish trends.

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Pro Tip: Stick to your trading plan, avoid chasing the price, and always use a stop loss to protect your capital.

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