$HBAR /USDT: A Critical Moment for Traders .. A Huge Selling pressure overall ..

#Hedera (HBAR) has plunged 12.92%, currently trading at $0.29629, after hitting a 24-hour high of $0.34158 and a low of $0.29129. The intense selling pressure has pushed HBAR below key support levels, with trading volume soaring to 389.44M HBAR, indicating strong bearish activity. Immediate support lies at $0.2900, which traders must watch closely. A breakdown below this level could extend losses toward $0.2800, offering short-selling opportunities. However, if the price rebounds and breaks above $0.3100, it could indicate a recovery, presenting a chance for long positions. Traders should monitor these levels carefully and implement tight stop-losses to manage risk in this volatile market.

#MarketPullback #USConsumerConfidence #JoblessClaimsUp #VeThorOnBinance