HBAR Hanging by a Thread! A Breakdown Could Be Brutal!

Yello, Paradisers! Is #HBAR about to crumble under selling pressure? The charts are flashing red flags, and bulls are barely holding on! Let’s break it down.

💎#HBARUSDT is clinging to a crucial support zone between $0.1900 – $0.1785—a level that has held strong since December 2024. However, with repeated tests, this support is starting to weaken, signaling potential trouble ahead. Sellers are building pressure, and if bulls fail to defend the $0.1750 level, HBAR could face a sharp drop toward $0.1500, where a short-term short-squeeze might offer some temporary relief.

💎However, if selling momentum persists, the decline could extend further, dragging HBAR down to the $0.1300 – $0.1175 zone, where higher time-frame supports are present. This area is more likely to trigger strong short-covering and attract fresh buying interest, potentially setting the stage for a recovery.

💎On the upside, bulls are trapped under heavy resistance at $0.24, with a critical barrier at $0.26 – $0.275. Until this level is broken with conviction, HBAR remains vulnerable to further downside.

Paradisers, as always, patience and precision are key in this market. This isn’t a time for reckless trades—let the levels guide you, trade strategically, and stay disciplined.

MyCryptoParadise
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