💥 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
🚨 Altcoin Whale Activity
• $1.14M PENDLE sold
• $1.06M ENA sold
• $954K ETHFI sold
Whale distribution events can increase volatility and trigger short term sentiment shifts in mid cap altcoins.
$PENDLE $ENA $ETHFI