💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Live Room Position
Short 2041
Stop Loss 2059
Trail Stop Loss at 2020
Take Profit at 1986,
Lowest hit 1994.9
Retrace 20 points, trail to exit with a profit of 26 points😂$ETH