$HBAR failed to hold the 0.06 level, where orders and stop-losses are usually most concentrated.
After it breaks below, long positions' stop-losses below may be triggered all at once, leading to a rapid sell-off. But if large buyers step in at lower levels, the price could also rebound above the level.
How would you respond?
After it breaks below, long positions' stop-losses below may be triggered all at once, leading to a rapid sell-off. But if large buyers step in at lower levels, the price could also rebound above the level.
How would you respond?
