FieryTrading

🔥 HBAR Can Fall Further: No Sign Of Relief

Short
BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
HBAR has to be one of the weaker alts of the last couple of weeks. HBAR has been in freefall-mode since the start of April, with no sign of stopping soon.

In contrast, HBAR has fallen less than the average alt. From top to bottom it's not even a -90% move, which makes me decently confident that there's still more bearish price action.

Be aware that if BTC decides to (finally) see a bear-market rally, HBAR will most likely follow.

Still, in the long-term I'm looking for a $0.04 to $0.028 target, which would quite realistically also be the bear-market low.

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