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#HBARUSDT — Weekly Outlook: Potential Downside Risks 📉
On the weekly timeframe, the #HBAR stock is currently trading below the key SBR support level of (0.124 - 0.135 USD), which previously acted as strong support. Losing this level is a serious indicator.
If the weekly candle closes below this level, the recent rebound is likely just a temporary break and retest before a deeper decline.
🎯 Downside target: approximately 0.0726 USD
❌ Invalidation: Strong weekly close above the 0.124 - 0.135 USD level
Follow the outlined trading strategy, stick to your stop-loss, and avoid excessive leverage ⚠️
$HBAR
❌ Cancellation: Strong weekly close above the 0.124 - 0.135 USD level
Follow the outlined trading strategy, stick to the stop loss, and avoid excessive leverage ⚠️