đ¨ HBAR Rally in Danger? $46M Liquidation Risk Looms Despite Price Surge đđĽ
đ Price Surge: Hedera (HBAR) hits a 5-month high at $0.27, approaching the psychological $0.30 level.
â ď¸ Overbought Alert: RSI is above 70, signaling potential for a short-term cooldown or correction.
đŁ Liquidation Threat: A dip to $0.24 could trigger up to $46 million in liquidations, possibly crashing HBAR to $0.22.
đĄď¸ Support Level: Holding $0.26 is crucial for further upside. If sustained, HBAR could still rally higher.
đ¤ What to Watch: Profit-taking, market sentiment, and RSI movements may determine the next big move.
đ Traders beware: Momentum is strong, but the risk of a sharp drop is growing. Keep a close eye on support levels and market signals! đđ
