💥 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
The USDT.D pair faces higher resistance on the ⚠ timeframe.
It seems that a pullback toward the support zone of 6.3-6.4% is most likely first, and until then, a rebound rally in the cryptocurrency market may continue 📈
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