💥 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
Today is Friday, and this rebound is a bit strong. Short positions are currently trapped! Although it's a high short, the sudden rise is still somewhat unexpected. However, the bearish view remains unchanged: the rebound is just to facilitate a better decline and to repair the indicators, while also clearing out some high-leverage short positions. Manage your positions well. If your shorts are trapped, there's no need to panic! #Gate广场发帖领五万美金红包 $BTC