$HBAR Long Liquidation Alert!
$1.462K liquidated at $0.32584!
This shows significant selling pressure in the market. Here's what you need to know:
Key Details:
Price: $0.32584 (liquidation level).
Market Trend: Bears are dominating, pushing long positions out.
Support & Resistance:
Support Level: $0.310
This is a potential bounce zone if the price drops further.
Resistance Level: $0.340
If the price rises, selling pressure may return near this level.
What Should You Do?
1. If the price nears support ($0.310):
Consider buying, but wait for confirmation of a bounce (e.g., higher buying volume or a price recovery).
2. If the price moves toward resistance ($0.340):
Avoid buying near resistance. If you're holding, this could be a selling point.
3. Current Trend:
The market is bearish. If you're unsure, wait for the price to break resistance or bounce off support before deciding.
Always use stop-loss orders and manage your risk carefully in volatile markets.
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