💥 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
🔴 $BTC /USDT - Long Liquidation Alert
Current Price: $90,246.1
24h Change: -2.60%
24h High: $92,715.4
24h Low: $89,478.0
Trade Setup:
Entry Zone: Enter around $90,200
Target Point (TP): Aim for $93,000
Stop Loss (SL): Set SL at $89,000
Why This Works: The price has shown some volatility with a strong resistance near $93,500, and it's pulling back to a potential reversal zone. The short-term downtrend appears to be running out of steam as BTC is finding support around the current level. A bounce back to the $93,000 level seems likely as momentum builds.
🚨 Trade carefully and always manage risk properly.
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