💥 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
Ethereum (ETH)
Current Price: ~$2,050
Immediate Resistance: $2,150
Next Target: $3,000
Hit Chance: Medium (50%). ETH is currently underperforming BTC. It recently bounced off a 10-month low of $1,747. It must reclaim and hold $2,000 as a floor; failing to do so puts a retest of $1,400 on the table within the next few months
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$ETH