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Josh Altons
Josh Altons

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๐Ÿ“‰ HBAR Drops 10% as Short Positions Surge in Futures Market ๐Ÿš€

๐Ÿ“Š $HBAR Faces Heavy Selling Pressure!
Hedera Hashgraphโ€™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 tradersโ€™ bearish outlook.

๐Ÿ“‰ Short Sellers Take Control!
HBARโ€™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.

๐Ÿ”ป HBAR Price Prediction โ€“ More Losses Ahead?
HBAR faces resistance at $0.24โ€”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.

โš ๏ธ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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