💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$AZTEC Signal】Short squeeze continues, 1H level consolidating strongly, targeting a second surge
$AZTEC The 1H level has entered a strong sideways consolidation after a massive rally, with price staying close above EMA20(0.0245), refusing deep retracement. The 4H level shows the first high-volume candle after a breakout, indicating a strong trend. Market depth shows sell orders accumulating around 0.0295-0.0296, forming a key short-term resistance. Once broken, it will trigger a new round of short squeezing.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0292 - 0.0294 (Reason: 1H EMA20 dynamic support zone, current strong consolidation platform )
🛑Stop loss: 0.0285 (Reason: Break below the lower boundary of the 1H consolidation and the previous hourly low )
🚀Target 1: 0.0305 (Reason: First psychological level after breaking through the order book resistance zone )
🚀Target 2: 0.0320 (Reason: 1.382 Fibonacci extension based on recent gains )
🛡️Trade management:
- Position size suggestion: Light position (Reason: Intraday gains have exceeded 47%, volatility is extremely high )
- Execution strategy: After price reaches 0.0305, reduce position by 50% and move stop loss to entry price 0.0294. Remaining position aims for target 2; if price retraces and breaks below the trailing stop, exit all.
Depth logic: Over the past 4 hours, open interest(OI) remains stable at a high of 215 million, indicating funds have not exited. Coupled with positive funding rate, it shows bulls are still dominant. 1H RSI is as high as 81.25, overbought but not exhausted, sustainable in strong momentum. Market depth imbalance of -7.25% shows buy orders slightly stronger than sell orders, providing immediate support. The core strategy here is to play the "air refueling" in a strong trend, taking small dips to enter, aiming for a second pulse.
Trade here 👇 $AZTEC
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