$HBAR /USDT Short Trade Setup!🔥💯
Analysis:
HBAR/USDT is showing weakness with lower highs and consistent rejections near $0.2900. Recent price action suggests bearish momentum dominating the trend.
Entry:
Enter a short position below $0.2865 for confirmation of further downside.
Target Levels:
• TP1: $0.2800
• TP2: $0.2750
Stop Loss:
Place a stop loss at $0.2920 to minimize risks.
Strategy:
Trail stop loss to secure profits as the price approaches target levels. Monitor volume and potential bullish divergence for signs of reversal.
Risk Management:
Use 2% of your capital for this trade and maintain a 1:2 risk-reward ratio.