💥 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
$OTHERS / $BTC is approaching resistance! Definitely not the time to play hero here but if we get a clean break above, it could trigger a decent squeeze in some of the stronger coins we mentioned (long opp). Otherwise, it’s probably just a classic mean reversion move.