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HBAR Crash...
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HBAR Crash Coming? Watch This Level

  • Hedera (HBAR) price has fallen over 40% from its April highs, entering a downtrend with lower highs and lower lows.
  • The current price near $0.14 faces uncertainty – will it continue downward or reverse?
  • Key support levels: $0.1420, $0.1270, $0.1050; Key resistance levels: $0.1530, $0.1675.
  • The RSI at 27.06 shows extreme oversold conditions, hinting at a possible short-term bounce.
  • For a confirmed reversal, RSI must exceed 35 and price has to close above $0.1530.
  • Potential scenarios: Bearish breakdown towards $0.1270 and $0.1050 OR relief bounce towards $0.1530–$0.1675.
  • Traders advised to look for short-term bounce opportunities with tight stop-losses or consider long-term investment if $0.1270 support holds.
  • HBAR's next move hinges on breaking $0.15 for bullish sentiment or slipping below $0.1420 for a further decline.

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