HBAR Shorts Face $5 Million Risk if Price Breaks Key Level
HBAR shorts face potential $5 million liquidations if the price breaks its downtrend and rallies toward the $0.1035 resistance level.Summary
Hedera (HBAR) is currently trapped in a month-long downtrend, with limited investor demand keeping recovery attempts muted. Futures positioning shows a significant bearish skew, with short contracts holding greater exposure than longs. This setup creates a potential short squeeze scenario: if HBAR manages to escape its downtrend and rally toward the $0.1035 resistance, approximately $5 million in short positions could face liquidation, injecting sudden buying pressure. On-chain signals are mixed; the Chaikin Money Flow (CMF) shows a bullish divergence suggesting easing selling pressure, but it has not yet crossed the zero line to confirm inflows. Currently trading around $0.0903, HBAR needs to maintain support above $0.0901 to reduce immediate downside risk. A breakdown below this level could lead to further losses toward $0.0830 or $0.0751.
(Source：BeInCrypto)