💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$BTR Signal】Long | Short Squeeze Initiated, Deep Imbalance
$BTR After breaking out with volume on the 4H chart, it is currently undergoing a healthy high-level consolidation, with the price staying close above the EMA20, which is a typical sign of a strong trend continuation.
🎯Direction: Long
🎯Entry: 0.1430 - 0.1450
🛑Stop Loss: 0.1350 (Break below previous low and EMA20, rigid stop loss)
🚀Target 1: 0.1580
🚀Target 2: 0.1720
Market Analysis: RSI(75.87) is high, but the funding rate is only 0.005%, far from dangerous levels, and open interest(OI) remains stable, ruling out the possibility of major players pushing the price up to dump. The deep imbalance is as high as 28.37%, with buy orders far exceeding sell orders, indicating strong institutional buying support below.
Logical Core: This is not overbought, but a sign of an upcoming short squeeze. After breaking through the key resistance at 0.14, the price retested and confirmed support is effective. The 4H candlestick shows continuous absorption of each pullback (buy/sell ratio > 0.5), and ATR(0.0122) expanding indicates volatility is returning, with strong trend momentum. Combined with the robust upward trend of EMA20(0.1168), all conditions point to trend-following long positions.
Trade here 👇 $BTR
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #Gate广场发帖领五万美金红包