TAKING SHORT TRADE ON $HBAR /USDT‼️...
$HBAR failed to hold and breakdown the channel pattern and also retested sucessfully and showing rejected with the formation of lower highs 📉.
I am taking a short from here with the expectation of a move toward lower liquidity level.
Entry Zone : $0.0866 - $0.0875 Enter on the current rejection of the lower trendline.
Stop Loss : $0.0895 Place this above the recent local swing high to protect against a "fakeout."
Take Profit 1 : $0.0836 First support level identified on the chart (the previous wick low).
Take Profit 2 : $0.0800 Psychological support and a key liquidity zone.
HBARUSDT
Διην.
0.08696
+2.43%