Hedera (HBAR) Price Eyes 57% Rally as Short Squeeze Looms Over Traders
Hedera has surged in recent sessions and now sits poised to break out from a descending broadening wedge that projects a potential 57% rally upon confirmation. The recent move reflects improving sentiment across select altcoins, though breakouts require follow-through buying.
The Money Flow Index indicates rising buying pressure, signaling that capital is flowing back into the asset. Investors appear to be accumulating; increased participation provides liquidity support and can reinforce the bullish structure. A liquidation heatmap highlights $0.1084 as a critical level where approximately $1 million of short positions could face forced liquidation.
A move through this zone would likely accelerate upside volatility, since short liquidations often create rapid price spikes. HBAR is trading at $0.1025 and pressing against the $0.1030 resistance; securing that level as support would confirm a breakout and could shift sentiment toward sustained recovery.
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