💥 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
I personally think it's likely to go up. Currently, BTC and ETH might be forming a mid-term bottom. Since we didn't enter this strategy overnight, we'll cancel it for now. Weekends generally have smaller fluctuations.
Short position around 69,800 (Pending Order)
Aggressive light position, reserve space for adding more.