HBAR Nears Five-Month High Amid Overbought Signals, Faces Potential Liquidation Risks Below $0.24
The post HBAR Nears Five-Month High Amid Overbought Signals, Faces Potential Liquidation Risks Below $0.24 appeared on BitcoinEthereumNews.com. HBAR has surged to a five-month peak at $0.27, reflecting strong bullish momentum but facing significant liquidation risks if prices fall below key support levels. The Relative Strength Index (RSI) exceeding 70 signals overbought conditions, indicating a potential price correction driven by profit-taking among traders. According to COINOTAG data, a drop to $0.24 could trigger up to $46 million in liquidations, underscoring the precarious balance between continued gains and sharp pullbacks. HBAR hits a 5-month high at $0.27 amid bullish momentum, but overbought RSI and $46M liquidation risk at $0.24 suggest possible price correction ahead. ‘, ‘
The post HBAR Nears Five-Month High Amid Overbought Signals, Faces Potential Liquidation Risks Below $0.24 appeared on BitcoinEthereumNews.com.
HBAR has surged to a five-month peak at $0.27, reflecting strong bullish momentum but facing significant liquidation risks if prices fall below key support levels. The Relative Strength Index (RSI) exceeding 70 signals overbought conditions, indicating a potential price correction driven by profit-taking among traders. According to COINOTAG data, a drop to $0.24 could trigger up to $46 million in liquidations, underscoring the precarious balance between continued gains and sharp pullbacks. HBAR hits a 5-month high at $0.27 amid bullish momentum, but overbought RSI and $46M liquidation risk at $0.24 suggest possible price correction ahead. ‘, ‘
What's Your Reaction?
