HBAR’s $30 million short liquidation risk eased by death cross: What traders need to know

The recent price correction in HBAR has left it vulnerable, with approximately $30 million in short positions at risk. While current levels offer temporary relief, downward momentum is a concern for traders.

A Death Cross between the 50 and 200-day EMAs may lead HBAR to drop below $0.154. Conversely, holding above $0.165 could trigger a rally towards $0.177, increasing liquidation risks for short positions.