💥 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
Volume tells a story here.
Robust short-term bounce for $MBX after a sharp dip shows buyers stepping in around 0.000056 SOL.
The pattern shows a classic retrace-rebound cycle: price surged to 0.000068 before a pullback to 0.000046, then steadied.
Investors are reacting to market sentiment but also to fundamentals: @MetaBloxGames let investors earn revenues from all of their games.
Key levels to watch:
- Resistance near 0.000080
- Support consolidating around 0.000055.
Could this acquisition and revenue plan create a longer-term accumulation zone for MBX?
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