💥 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
When BlackRock announced plans to buy $UNI, trader 0x46bc quickly opened a 10x long on 1.21M $UNI($4.81M).
He is now up $350.6K in unrealized profit.
Entry price: $3.7027
Liquidation price: $2.5