Altcoins News

Story: HBAR Short Liquidation Risk Eased by Death Cross

By MikeT

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The $30 Million Short Liquidation Risk. A substantial $30 million in short positions are at risk of liquidation if HBAR's price rises to $0.

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The Death Cross Formation. The technical landscape for HBAR indicates a potential downside risk as the coin approaches a…

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The Importance of Support at $0.154. Despite these bearish indicators, HBAR has managed to stay above its critical support level at $0.

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Potential for a Reversal and Liquidation Trigger. If HBAR successfully regains the $0.165 resistance level and flips it into support, there is a…

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Conclusion. HBAR is at a pivotal moment, with both bearish and bullish scenarios playing out in the market.

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Hedera (HBAR) has seen a significant price correction in recent days, pushing the altcoin to a crucial support level.

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Despite these bearish indicators, HBAR has managed to stay above its critical support level at $0.154. This is an important point for traders to watch.

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Traders and investors should closely monitor this support level. A break below it would likely confirm the bearish outlook, possibly triggering more selling pressure.

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The likelihood of short liquidations increases if HBAR sustains upward movement past the critical resistance zones. As the price approaches the $0.

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HBAR is at a pivotal moment, with both bearish and bullish scenarios playing out in the market. The risk of $30 million in short liquidations looms large, but support near $0.

The Currency Analytics

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