$HBAR /USDT short trade signal

SHORT TRADE SIGNAL – SHARP DROP FROM INTRADAY HIGH AT $0.16900!

$HBAR faced heavy rejection at the $0.16900 level and is now forming a strong bearish engulfing pattern on the 15-min chart. The price has broken below near-term support at $0.16650, with red candles accelerating and sellers dominating. This breakdown could trigger further downside toward the day’s lower support zones.

Trade Setup (SHORT):

Entry: $0.16550 – $0.16650

Target 1: $0.16280

Target 2: $0.16000

Stop Loss: $0.16920

Market Outlook:

The rejection from the local top and increasing sell-side pressure shows short-term bearish momentum. A close below $0.16500 will likely invite further selling, especially with volume rising on red candles.

Risk Management Tip:

Stick to stop-loss and reduce leverage in volatile conditions. Re-enter only on valid retests to avoid false breakdown traps.

Sell smart — don’t chase green candles when the trend is turning red!

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buy and trade here on $HBAR