#HBARUSDT remains under seller pressure—expecting further declin
2025-02-17
Category: None

📉 SHORT  BYBIT:HBARUSDT.P   from $0.21913
🛡 Stop Loss: $0.22070

 ⏱ 1H Timeframe 

 ✅ Overview: 
➡️  BYBIT:HBARUSDT.P  continues trading in a downtrend, staying below the key level of $0.21913, which could act as a short entry point.
➡️ POC (Point of Control) is positioned above the current price, indicating strong liquidity and selling pressure.
➡️ The price failed to hold above $0.22070, reinforcing the bearish scenario.
➡️ If local lows are broken, further downside movement is expected.

 ⚡ Plan: 
➡️ Enter short below $0.21913, confirming the bearish momentum.
➡️ Risk management via Stop-Loss at $0.22070, placed above the nearest resistance.

 🎯 TP Targets: 
💎 TP1: $0.21792
🔥 TP2: $0.21594

🚀  BYBIT:HBARUSDT.P  remains under seller pressure—expecting further decline!

📢  BYBIT:HBARUSDT.P  is showing weakness in the market. If the price breaks below $0.21913, increased selling momentum may lead to $0.21792 – $0.21594. However, if the price rebounds above $0.22070, a short-term recovery could occur.