💥 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
Spot trading volume remains weak, with a 30-day average level sluggish, despite $BTC decreasing from $98K to $72K 📉. This indicates a demand gap, with sell orders not being absorbed ⚠️. A sustained reversal requires aggressive trading volume #扩张,但成交量仅略有提升,表明是被动的分销而非信念的积累🔴。在流动性稀薄的情况下,价格仍然脆弱,即使是适度的卖出也会产生过大的影响,没有现货买盘支撑💰📈。# in cryptocurrencies.