$HBAR Long Liquidation: $2.20K Wiped Out at $0.30433!
The bulls just took a major hit! 🚨 A $2,196.7 long liquidation struck as #HBAR dropped to $0.30433, leaving long traders caught in a brutal reversal.
What Went Wrong?
🔹 Bullish Momentum Stalls: #HBAR faced a sudden pullback, triggering liquidations across the board.
🔹 Support Cracked: The critical $0.31 support failed to hold, sending prices spiraling lower.
🔹 Market Impact: The liquidation wave wiped out nearly $2.2K, adding fuel to the selling pressure and rattling the market.
What’s Next for #HBAR?
Support Watch: The $0.30 zone now becomes the key level to watch. A break below this could see #HBAR retesting $0.28.
Bearish Continuation? If further selling pressure builds, we might see even deeper corrections.
Reversal Potential: A strong recovery above $0.31 could trigger a rebound, with the next target at $0.33.
💡 Pro Tip: In volatile markets, be quick to react and always use stop-losses to manage risk. Watch for price stabilization to confirm if the bears are in control.
Can #HBAR recover, or is the downtrend here to stay? The next few hours are crucial! 📉
#CryptoAlert #LongLiquidation #BearishMomentum #HBAR/ #RLUSDApprovalBoostXRP