💥 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
⚠️ Breakdown coming in the crypto market before the big explosion? 🔥Is the market repeating the October scenario? 💣🔥
📉 The markets are on alert... and calm may precede the storm
Technical and behavioral indicators suggest the likelihood of a classic scenario repeating that we saw at the beginning of October 2023 — a sudden breakdown, panic, and then a fierce upward wave.
🔻 What do we expect?
- Strong corrections coming ranging from 50% to 100% for some currencies
– Massive liquidation of leveraged positions
- Temporary breakdown of confidence... but it's the key to the next launch!
📌 Why is this important?
The strongest bullish waves in the market always start from the most extreme stages of fear.
Markets do not reward the chasers... but those who prepare during the panic.
🎯 What should be done now?
– Monitor historical support areas
– Prepare your plan to enter after the correction
– Don't chase, prepare to buy at the dip!
The intelligent investor waits, they do not rush
This is not the end of the crypto market... but just the beginning of the next round.
$BTC
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