🚨 $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!
---
🔍 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.
---
📊 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.
---
⚠️ 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.
---
Pro Tip: Stick to your trading plan, avoid chasing the price, and always use a stop loss to protect your capital.
Would you like more updates or a deeper analysis of HBAR?
#BinanceAlphaAlert #GrayscaleHorizenTrust #BinanceLabsBacksUsual #MicroStrategyInNasdaq100 #BTCNextMove