💥 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
Bitcoin drops below $79,000 with nearly $1 billion in liquidations
The price of Bitcoin fell below $79,000, with Long positions totaling nearly $1 billion being liquidated in the past 24 hours in the cryptocurrency market, according to TradingView data.
The decline came amid strong volatility and clear selling pressure in the market, with Bitcoin's price at the time of publication reaching approximately $78,889.
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#CryptoMarket
#Liquidations
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#Breaking