🚨 $HBAR Long Liquidation Alert! 🚨
A huge $9.7243K in long positions has been liquidated at $0.28183, signaling intense selling pressure. The bulls have been forced to step back, leaving the market in a critical state. Will $HBAR bounce back, or will the bears take full control? Here’s your game plan!
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What’s Next for $HBAR?
Here’s how to approach this volatile setup:
Buy Zone:
Look to enter between $0.275 - $0.282, a potential support zone where buyers could step in for a recovery.
Target Levels:
1. Short-term Target: $0.290
2. Mid-term Target: $0.305
3. Long-term Target: $0.320
Stop-Loss:
Set a tight stop-loss at $0.270 to protect against unexpected further downside.
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Key Insights:
1. Liquidation Signal: A long liquidation of this size often creates temporary downward pressure, followed by a chance for a bounce if buyers regain control.
2. Volume Check: Monitor trading activity near the buy zone. Increased volume could signal a bullish reversal.
3. Bearish Risk: If $HBAR breaks below $0.270, it may trigger further selling momentum. Stay disciplined with your risk management.
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🎯 Pro Tip: Patience is critical. Wait for signs of stabilization before entering. Don’t rush into a trade without confirmation of buyer strength.
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💬 Need live updates or deeper analysis on $HBAR? Let me know, and let’s make smart, calculated moves in the market!
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