💥 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
Today I had a meal with my older cousin and his wife. We talked about how the current environment is really bad for e-commerce, brick-and-mortar, foreign trade, and even the most profitable Chaoshan people. This time, they really got caught in the market trend. Now, all industries are struggling to make money. I’m very grateful to be in the crypto industry. At least I haven’t starved yet, even in this bear market. I can still scrape together some food and survive until the next cycle. Our sector will eventually turn around 😭