💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$VVV Signal】Pullback to Long + 1H Strong Breakout Confirmed on Pullback
$VVV On the 1H timeframe, after experiencing a massive rally, the market is currently in a healthy consolidation phase with decreasing volume. A single epic bullish candle on the 4H chart confirms an uptrend. The current price is supported near the EMA20 (1H), and with a negative funding rate as high as -0.34%, there is potential for a short squeeze. Open interest remains stable, indicating that funds are not exiting en masse, which is a sign of strong consolidation.
🎯Direction: Long (Long)
🎯Entry/Order: 2.75 - 2.78 (Reason: Pullback to the 1H EMA20 support zone and the upper edge of the previous 4H candle body )
🛑Stop Loss: 2.65 (Reason: Break below the Fibonacci 0.618 retracement of the previous rally and a key psychological level )
🚀Target 1: 3.00 (Reason: Previous high resistance and psychological whole number level )
🚀Target 2: 3.20 (Reason: Fibonacci extension at 1.618 after breaking previous high )
🛡Trade Management:
- Position Size: Light (Reason: Daily gains are already significant, volatility is extremely high, and sharp shakeouts should be guarded against )
- Execution Strategy: When the price reaches around 2.95 (near Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 2.78. If the price strongly breaks through 3.05, move the stop loss up to 2.95 to aim for the second target.
Deep Logic: In the past 24 hours, the price has surged nearly 50%, with obvious main capital involvement. The 1H RSI (65.66) has fallen from overbought territory to a healthy zone, preparing for another rally. The order book shows sell orders stacking above 2.80, but buy orders below 2.77 are also substantial, forming a dense support zone. The key is whether the price can stabilize in the 2.75-2.78 range and volume increases again. The negative funding rate is a potential fuel; if the price does not fall, bears will face continued pressure.
Trade here 👇 $VVV
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