💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$TRUMP Signal】Hold off on trading — Rebound encounters resistance, lacking sustained buying pressure
$TRUMP Experiences a technical rebound after consecutive declines, but the rebound volume diminishes and faces resistance at a key EMA level, lacking confirmation signals of sustained buying from major players.
🎯 Direction: Hold off
Market Analysis: The 4H chart shows the price rebounding near the EMA20 (3.286) before stalling. The latest candlestick has an upper shadow, indicating selling pressure above. The 4H RSI (49.28) is in a neutral to slightly weak zone, not forming a strong bullish pattern.
Logical Core: During the rebound, the Buy/Sell Ratio decreased from 0.54 to 0.44, indicating that buying momentum quickly waned after the price was pushed higher, with no desire to chase the rally. Depth data remains neutral, with no significant signs of institutional accumulation.
The key resistance at EMA20 (3.286) and the recent high of 3.348 form a strong resistance zone. The price has not effectively stabilized above EMA20, and open interest trends are stable without significant capital inflow. The rebound is likely a correction of oversold conditions rather than a trend reversal. Until a volume breakout above the key resistance or a test of the key support confirms a change, risk-reward remains unfavorable.
Trade here 👇 $TRUMP
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