Hedera HBAR Faces $42 Million Liquidation Risk at $0.16, But Bulls Remain in Control
HBAR’s recent drop to $0.16 threatens to trigger $42 million in liquidations, yet trader sentiment stays bullish. A decisive breakout above $0.20 could open the door for further upside, depending on sustained market optimism.
HBAR’s funding rates have stayed positive for almost two weeks, with long contracts dominating the market. This reflects strong confidence in the altcoin’s ability to overcome key resistance levels.
The macro outlook for HBAR remains mixed, balancing potential opportunities against risks. Traders continue positioning for gains, unfazed by short-term price fluctuations.