💥 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
🔊 ETH SCALP TRADE:
Current price - $2975
Entry price - $2970 - $2960
Type - LONG
Target - $2990, $3000 & $3010+
Stop Loss (SL) - If 2H candle closes below $2940🔊 ETH SCALP TRADE:
Current price - $2975
Entry price - $2970 - $2960
Type - LONG
Target - $2990, $3000 & $3010+
Stop Loss (SL) - If 2H candle closes below $2940