💥 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】Long - 1H breakout retest confirmation, main force clearly intends to support the market
$NAORI The 1H timeframe experienced a violent surge of 31% yesterday and is now at the end of a high-level flag pattern consolidation. The price is consolidating strongly around 0.0277, with the 1H EMA20 (0.0254) crossing above the EMA50 (0.0237) to form a bullish alignment, providing strong support. On the 4H timeframe, a large bullish candle broke through the previous oscillation range, indicating a trend reversal to bullish, currently a healthy pullback. Market depth shows buy orders (0.0276-0.0275) are far thicker than sell orders (0.0277-0.0278), with an imbalance rate of 15.92%, clearly indicating main force support. The 1H RSI is at a high level of 73, but in a strong market, this can be seen as a strong zone rather than a reversal signal. Open interest remains stable with no significant capital outflow, combined with positive funding rates, indicating market bullish sentiment remains solid.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0276 - 0.0277 (Reason: 1H EMA20 upper support zone, dense buy orders )
🛑Stop loss: 0.0270 (Reason: Break below the lower boundary of the 1H consolidation platform and EMA50 support )
🚀Target 1: 0.0293 (Reason: Previous high resistance level, also yesterday’s surge high )
🚀Target 2: 0.0310 (Reason: Based on ATR measurement of the 1.618 extension level )
🛡️Trade management:
- Position suggestion: Light position (Reason: Significant intraday surge, extremely high volatility, risk control needed )
- Execution strategy: After the price reaches 0.0293, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.0277. If the price cannot hold above 0.0285 and falls back into the entry zone, consider closing and observing.
Depth logic: This is not retail behavior. Yesterday, the 4H volume surged by 4.7 billion, tens of times the usual, a typical signal of main force building positions or pushing prices up. Subsequently, the price rejected a deep retracement, consolidating strongly above 0.0276, with abnormally thick buy depth (bid_ask_ratio_depth: 1.38), a typical “support and accumulation” pattern. Open interest remains stable, indicating long positions have not exited but are waiting for the next move. Although the 1H RSI is high, there is no bearish divergence, and momentum remains. Overall, this is a high-probability pullback opportunity to go long, aiming for a breakout after consolidation and targeting the second level.
Trade here 👇 $NAORI
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