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📉🚀 Looking to Short HBAR/USDT in short term? Let’s see!
Key Levels:
🔽 Entry:
$0.32700: Short position opened based on overbought Stoch RSI and weakness in the MACD.
🎯 Take Profit:
$0.30500: Targeting support from previous structure and aligned with EMA levels.
🛡️ Stop Loss:
$0.33500: Placed above recent highs to manage risk smartly.
What’s Happening?
HBAR is showing signs of exhaustion after a recent rally. Indicators like Stoch RSI and MACD suggest a reversal might be near. The trade idea aims to capitalize on a pullback to key support while keeping risk tightly controlled.
Sentiment:
Short-term bearish bias with a well-defined risk-reward setup.
Are you bearish on HBAR too? Let’s talk! 💬📉