💥 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 remains extremely range-bound, especially after that rejection at $72K I have warned you about!
Now we have reached mid-range, the most choppy area of a range, so definitely not an area to do long-term business.
Remember that in ranges, all the real fun happens at the range extremes!