💥 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
It's incredible that Bitcoin bulls only lasted 1 day bearish. Moreover, everyone bought the 60k bottom because it was obvious, and obviously everyone sold at 124k. On the other hand, if we now drop to 50k, everyone will have sold the ATH of this rebound to buy the bottom of .