💥 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
BTC grinding lower with bearish momentum intact, slicing through EMAs like butter after rejecting 69k highs. Short-term consolidation in play around 66.5k, but downside breakout risk looms if 65.7k support cracks—watch for volume spike. Overhead resistance at 67k capping any bounce attempts.
• Entry Zone: Short 66,200 - 66,500
• TP1: 66,000
• TP2: 65,714
• TP3: 65,000
• Stop-Loss: 67,000
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