💥 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
#BTC/USDT ANALYSIS
#Bitcoin is #trading above the broadening wedge pattern, with the 21MA acting as a resistance barrier. Holding above the wedge and breaking above the 21MA would confirm #bullish momentum. However, failure to maintain support above the wedge could result in further price action back inside the pattern. #CryptoRecovery
$BTC