HBAR currently trades at 0.235 USD, encountering resistance at 0.241 USD. There’s a risk of liquidation at 53 million USD if it fails to maintain support above 0.220 USD, potentially dropping to 0.200 USD if pressure mounts.
With the Relative Strength Index indicating overbought conditions, investors are wary. A breach of support could lead to a wave of liquidations, exacerbating bearish sentiments around HBAR’s price.
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