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Hedera (HBAR) Faces Strong Selling Pressure, Eyes 18% Decline
Since January 17, Hedera (HBAR) has been on a downward trajectory, shedding 20% of its value as selling pressure intensifies. The altcoin has since traded below a descending trendline, indicating persistent bearish sentiment in the market.
As demand for the altcoin continues to plummet, HBAR risks extending its price drop. This analysis has the details.
Hedera Bears Overrun Market
BeInCrypto’s assessment of HBAR’s price performance on a daily chart reveals that the altcoin has traded below a descending trendline since January 17. Th
HBAR5,74%
TOKEN-5,08%
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$JASMY /USDT Bull Run Alert! 🔥💯
Current Price: $0.02650
Entry Price:
$0.02550 - $0.02700
Targets:
TP1: $0.03000
TP2: $0.03500
TP3: $0.04000
Stop Loss:
$0.02350
Market Insights:
JASMY is showing bullish momentum, with strong support at $0.02550. A breakout above $0.02700 could trigger a strong rally.
Bullish Setup:
Increasing volume and strong accumulation indicate potential for an upward breakout.
Pro Tip:
Look for a confirmed breakout above $0.02700 for a safer entry, or buy dips near $0.02550 for optimal risk-reward.
Trade wisely and ride the wave! 🚀
$JASMY
JASMY9,05%
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