💥 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
U.S. stocks plummeted, losing over $1 trillion in market capitalization within 24 hours due to geopolitical tensions, concerns about the impact of #AI, and persistently high interest rates.
The correction spread to the digital asset market, causing #Bitcoin to dip back to around $65,000 at times, indicating that global sentiment remains very sensitive.
#nghiencrypto #crypto