HBAR’s long/short ratio has decreased to 0.86, indicating a rise in short positions and a negative outlook. This bearish sentiment is supported by a negative Chaikin Money Flow at -0.10, suggesting selling pressure persists.
The token is testing support at $0.17; if it breaks below this level, it may decline to $0.11. Conversely, an increase in buying pressure could see HBAR recover to $0.22.
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