💥 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
【$0G Signal】Long | Short squeeze in progress, deep imbalance supports upward movement
$0G Broke out with volume from the previous consolidation zone on the 4H chart, with a daily increase of over 31%, forming a strong short squeeze structure.
🎯 Direction: Long
🎯 Entry: 0.680 - 0.685
🛑 Stop Loss: 0.645 ( Breaks below previous high support level, rigid stop loss )
🚀 Target 1: 0.750
🚀 Target 2: 0.820
Market Analysis: Price strongly broke through the EMA20(0.556) and stabilized, RSI(78), although in overbought territory, combined with an extreme negative funding rate of -0.97% and stable open interest(OI), this is a typical short squeeze driver rather than a top signal. Strictly avoid contrarian shorting.
Core Logic: Depth data shows significant imbalance(-0.99%), with buy orders far exceeding sell orders, indicating that major players are continuously placing orders at key levels(0.686-0.687) to accumulate, with a clear intention to support the price. The 4H candlestick volume for buy orders surged, completely absorbing selling pressure, and the market structure has shifted to a bullish dominance.
Risk Management: Set stop loss below the previous high breakout point at 0.645, using ATR(0.0308) to create a buffer to avoid false triggers. Risk-reward ratio >2.5, aligning with mathematical advantage. Currently, this is a trend-following strategy, avoiding chasing highs, only entering on deep pullback buy zones.
Trade here 👇 $0G
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