💥 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
Buy BNB in batches relying on the support range of 897-900, with a stop loss below 893. The initial target is 908-910 resistance area; if it breaks, we can look to 915. This aligns with the short-term rebound rhythm, and position should be strictly controlled to prevent pullback.
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