📊 $HBAR Faces Heavy Selling Pressure!
Hedera Hashgraph’s HBAR has dropped 10% in the last 24 hours, now trading at $0.22. This decline has led to a surge in short positions, signaling traders’ bearish outlook.
📉 Short Sellers Take Control!
HBAR’s long/short ratio is 0.96, indicating more short positions in the futures market. The Chaikin Money Flow (CMF) at -0.08 shows increasing selling pressure, reinforcing expectations of further downside.
🔻 HBAR Price Prediction – More Losses Ahead?
HBAR faces resistance at $0.24—a failure to reclaim this level could push prices to $0.20 or even $0.16 if bearish momentum persists. However, a bullish reversal could drive HBAR toward $0.28 if it breaks past resistance.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.