💥 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
The market broke through yesterday's high again, returning to the previous consolidation range. Resistance exists. In the short term, the bulls are increasing volume to break through, showing a strong momentum. The larger timeframe touched the four-hour MA50 resistance level. A more conservative position could be short #Gate广场发帖领五万美金红包 .