💥 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 privacy track has always been a necessity in the crypto world. Despite the current sluggish market conditions, XMR Monero has hit a new all-time high. Today, the privacy sector's DASH also surged, breaking through the previous large range built between 36.6 and 47.3. The previous industry leader is now forming a triangle consolidation. In the short term, attention can be paid to whether ZEC will be affected and follow the movement.