Hedera (HBAR) is flashing bearish signals on the 4H chart! With price rejecting resistance and failing to hold key support, a major downside move could be incoming. The 200 MA continues to trend down, acting as strong resistance, while price struggles to gain momentum.
Traders eyeing short positions should watch for rejection near $0.182 and target potential downside levels at $0.127 or lower. The risk-to-reward setup looks favorable, with a tight stop above the rejection zone.
📉 Key Levels:
🔴 Resistance: $0.182
🟢 Support Target: $0.127
📊 200 MA Resistance: $0.203
If bearish momentum continues, HBAR could break lower, making this a strong short opportunity!
#Hedera #HBAR #CryptoTrading #ShortTrade #Bitcoin #BearishSignal
Traders eyeing short positions should watch for rejection near $0.182 and target potential downside levels at $0.127 or lower. The risk-to-reward setup looks favorable, with a tight stop above the rejection zone.
📉 Key Levels:
🔴 Resistance: $0.182
🟢 Support Target: $0.127
📊 200 MA Resistance: $0.203
If bearish momentum continues, HBAR could break lower, making this a strong short opportunity!
#Hedera #HBAR #CryptoTrading #ShortTrade #Bitcoin #BearishSignal
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.