💥 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
High buy. Low sell. Again.
Trader 0x8062 traded $ETH twice in the past 7 days. Both trades were high buy and low sell.
• Bought 2,132 $ETH at $2,294 and sold at $2,195.
Loss: $211,681.
• Bought 2,233 $ETH at $2,095 and sold at $2,023.
Loss: $160,911.