HBAR has fallen 7.5% in the last 24 hours and is currently trading at $0.160. The drop below $0.162 represents a significant breakout, as this level has prevented deeper losses several times in recent weeks.
If HBAR continues to fall below this broken support, the price could fall to $0.154 or even lower. Such a move could exacerbate investor losses and trigger additional selling. Increasing uncertainty in the broader markets could encourage short-term traders to exit their positions.
If HBAR regains support at $0.162, the altcoin could regain its stability and target a move towards $0.175. A successful break above this level could open the way to $0.192. This scenario could invalidate the bearish outlook and restore confidence among cautious investors.
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$HBAR Price Loses Critical Support
HBAR has fallen 7.5% in the last 24 hours and is currently trading at $0.160. The drop below $0.162 represents a significant breakout, as this level has prevented deeper losses several times in recent weeks.
If HBAR continues to fall below this broken support, the price could fall to $0.154 or even lower. Such a move could exacerbate investor losses and trigger additional selling. Increasing uncertainty in the broader markets could encourage short-term traders to exit their positions.
If HBAR regains support at $0.162, the altcoin could regain its stability and target a move towards $0.175. A successful break above this level could open the way to $0.192. This scenario could invalidate the bearish outlook and restore confidence among cautious investors.