HEDERA icon is at risk of declining to its lowest level in two months star-news.press/wp

The original symbol of Hedra Hashgraph Hbar fell to its lowest level for nine days, as it was withdrawn through the decline in market activity amid the high geopolitical tensions between Israel and Iran.

The low feelings raised an increase in short positions against the distinguished symbol, indicating that merchants are preparing for deeper losses.

Traders turn into Hbar

According to Coinglass, the long/short/short percentage is 0.95 at the time of the press, indicating that the declining bias dominates its future market.

This ratio compares the number of long and short situations on the market. When its value is higher than 1, there is longer than short situations, indicating that merchants are often betting on the increase in prices.

On the contrary, as with HBAR, a long/short percentage below indicates that most traders expect a decrease in prices. This indicates an increase in the homogeneous feelings against Altcoin and the low confidence in any short -term recovery.

Moreover, the preparation of the HBAR’s super -directional line on the daily chart confirms this Habbiyah view. At the time of the press, this indicator is a higher dynamic resistance than the distinctive code price at $ 0.14.

The superior trend line helps to determine the direction of the market by setting a higher line or less than the price scheme based on asset fluctuation. When the price of the original is traded without the super -direction line, it indicates a decreased direction, indicating that the market is at the bottom and the pressure pressure is the dominant.

While the HBAR is struggling to break down this level, the direction line enhances the descending spirits and increases the low pressure on the price.

Will Hbar return to visit April levels?

Currently, the exchange of hands at the lowest level in ten days at $ 0.14, HBAR remained less than the descending direction line over the past week.

This style appears when the price price is the highest level over time, and these peaks are linked to the dumping breakdown line. It indicates the constant pressure in selling and confirms the constantly rolling HBAR preparation.

If the demand weakened more, HBAR may decrease to $ 0.12, another level seen in April.

However, the bounce in the purchase of interest can see the Hedra icon lounge over the resistance constituted by the descending trend line and the super -direction index, and it may collect about $ 0.19.