Coin Name : #HBARUSDT
Signal Type : Short
As we can see the price of $HBAR coin chart has been forming lower highs and lower lows indicating a strong bearish trend. A yellow downward trendline drawn showing resistance .the price has touched this trendline multiple times but failing to break it. The yellow support area at the bottom marks a strong support zone in the 2H tf. where price previously reversed. RSI is near oversold but no strong bullish confirmation yet. MACD bearish crossover downside pressure increasing. RSI bearish divergence occurred that means momentum weakening . so according to my trade plan this is a bearish bias . after break its support area it will lead to the further downward side.
Markets generally gravitate toward high-liquidity zones, where significant liquidations occur. Institutional players deliberately drive prices into these areas to absorb orders before making their next move.
Trade Setup :
Entry - 0.19093
Tp 1 - 0.8741
Tp 2 - 0.18551
Tp 3 - 0.18373
SL - 0.21029
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