💥 $HBAR /USDT Bearish Reversal Setting Up❓
$HBAR just tagged a major resistance level at $0.17293, where momentum is beginning to stall after an aggressive upward push.
The RSI is overbought on lower timeframes, and early signs of buyer exhaustion are flashing. With selling pressure starting to creep in, a short opportunity could be brewing.
Short Trade Setup:
• Entry Zone: $0.1705 – $0.1710
• TP1: $0.1685
• TP2: $0.1665
• TP3: $0.1648
• Stop Loss: $0.1730
Market Outlook:
Momentum is fading, and HBAR is showing potential for a short-term trend reversal. A clean rejection from this resistance zone could trigger a swift retracement, offering scalping opportunities for quick downside moves.
Volume is thinning, adding to the case for a pullback. Monitor closely — this setup favors fast execution with tight risk management.
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