💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$NAORI Signal】1H pullback confirmation, sniper for secondary impulse
$NAORI The 1H level has experienced a massive rally and is now at the end of a high-position flag formation. The price is supported above the EMA20 (0.0236), and RSI(1H) has fallen back from overbought territory to 71.5, gathering strength for a second upward push. The 4H level has established a trend reversal with a large bullish candle, currently closing above EMA20 (0.0226), shifting from bearish to bullish structure. The order book shows sell orders significantly thicker than buy orders (depth imbalance -15.76%), but the price remains firm, indicating that the main force is absorbing selling pressure. Open interest remains high, and funds have not withdrawn.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0251 - 0.0253 (Reason: 1H EMA20 dynamic support zone & dense cluster of previous hour’s lows)
🛑Stop loss: 0.0245 (Reason: Break below 1H consolidation lower boundary and previous low at 0.02458)
🚀Target 1: 0.0268 (Reason: Previous high resistance & 1H wave high point)
🚀Target 2: 0.0275 (Reason: 4H level massive candle high point)
🛡️Trade management:
- Position suggestion: Light position (Reason: Significant intraday rally, high volatility)
- Execution strategy: After entering, if the price quickly hits Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price consolidates in the entry zone for more than 4 one-hour candles without moving upward, consider closing the position.
Depth logic: Market logic indicates “price rising, please consider position size,” currently open interest remains stable during consolidation, with no significant decline. This is not characteristic of a pump-and-dump but more like a continuation of the rally. Although the 1H RSI is high, no bearish divergence has formed, and the buy/sell ratio is close to balance (~0.49). Bulls and bears are temporarily balanced, waiting for a new catalyst to break the equilibrium. The buy orders in the 0.0250-0.0252 zone are massive, forming a strong support cushion.
Trade here 👇 $NAORI
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