HBAR price’s fall to $0.16 could lead to $42 million liquidations

HBAR is trading at 0.193 USD, close to the critical resistance at 0.20 USD, indicating bullish momentum among traders. A successful surge past 0.20 USD can trigger further gains if market conditions remain favorable.

Should HBAR’s price drop to 0.167 USD, around 42 million USD in long contracts may face liquidation, emphasizing the significance of maintaining the 0.200 USD resistance to avoid potential losses.

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