💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
🔸 Bitcoin (BTC)
Positive Scenario:
Breakthrough of key resistances ➜ A surge towards new highs
Negative Scenario:
Breaking a significant support ➜ Deeper correction but not destructive
📌 Currently Best:
Trading on rebounds and supports
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