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Hedera HBAR Faces Critical $0.20 Support Test as $30 Million Long Positions Hang in Balance
Hedera HBAR Faces Critical $0.20 Support Test as $30 Million Long Positions Hang in Balance
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News - Hedera's HBAR is teetering NEAR a critical liquidation threshold as bearish momentum builds. Nearly $30 million in long positions could evaporate if prices breach the $0.20 support level, according to Coinglass liquidation maps. Technical indicators flash warning signs, with the RSI sinking below the neutral 50 mark. The absence of buying pressure suggests traders are losing confidence, potentially triggering a cascading sell-off in perpetual futures markets. Market structure appears fragile - without swift demand resurgence, HBAR risks accelerating declines before establishing a durable bottom. The altcoin's performance now hinges on whether bulls can defend key psychological support levels.
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