💥 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
$RIVER triggered a strong short liquidation near $13.79, confirming a bullish squeeze that forced sellers out and reinforced upward momentum. This move shows buyers firmly in control, with fresh support now established around $13.20–$13.50. As long as RIVER holds above this base, continuation toward immediate resistance near $14.40–$14.90 is favored, with the next upside target around $15.80–$16.50 where higher liquidity rests. Short liquidation events often precede trend expansion when structure remains intact. A pullback below $13.20 would suggest consolidation toward $12.70 before another push. Overall bias remains strongly bullish after the squeeze. $RIVER #CelebratingNewYearOnGateSquare