Currently priced at 0.19 USD, HBAR is close to breaking the 0.22 USD resistance level, which could trigger a rally and liquidate short positions worth 70 million USD. However, if it drops below 0.167 USD, the bullish outlook may be invalidated.
Overall market sentiment remains bullish, as reflected by the strong inflows into HBAR. Traders should monitor these developments, as the dynamics could significantly affect their trading strategies and the overall price trajectory of HBAR.
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