🔍 Hedera (HBAR) Market Analysis – Short Squeeze or Bearish Continuation?
Hedera (HBAR) recently saw strong volatility, but the latest price action suggests that the rally was mostly a short squeeze, rather than a sustainable uptrend.
📉 Key Insights:
✅ Short Squeeze Unfolded: The recent price spike was driven by major liquidations of short positions, followed by a bearish divergence in both RSI and volume.
✅ Key Support Levels:
🔹 Current Resistance: 17.5 cents – Strong rejection zone
🔹 Support Zone: 15.0 - 14.5 cents – Expected buying interest & potential consolidation
✅ Market-Wide Weakness: Bitcoin’s reaction to tariff news has added selling pressure on altcoins, including HBAR.
📌 Outlook:
HBAR is likely to retest the 15-cent zone, where it may find liquidity support and enter a consolidation phase. A sustained uptrend will require stronger bullish catalysts or a shift in overall market sentiment.
🚀 Stay cautious, and monitor for signs of stabilization before taking new positions!
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