Major Liquidation Shockwave: $HBAR Longs Crushed for $18.81K at $0.29044!
The market just witnessed a massive $18,816 long liquidation at $0.29044, sending shockwaves through the HBAR community.
This high-stakes liquidation hints at intense selling pressure, challenging bullish sentiment and shaking the confidence of long traders.
Key Details:
Liquidation Value: $18,816
Liquidation Price: $0.29044
Market Sentiment: Bears are dominating
Next Move:
1. Monitor $0.29 Support: If this level holds, a short-term bounce could be on the horizon.
Failure to hold may open the door to a steeper decline.
2. Analyze Volume and Momentum: Rising sell volume could confirm bearish continuation, while a sudden dip in volume might hint at exhaustion.
3. Short-Term Traders: Consider bearish setups but remain cautious of possible volatility and quick reversals.
4. Long-Term Holders: Evaluate buying opportunities at lower levels if fundamentals remain strong.
The $HBAR market is on edge—will the bears push further, or is a recovery in sight? Stay sharp and trade wisely!