💥 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 is ranging on 4H after a sharp drop, holding above 60k support but still below MA25 and MA99. Trend stays cautious as lower highs persist. A strong break above 70k is needed to shift momentum.
TP1. 69,500
TP2. 71,000
TP3. 74,000
Stop Loss. 64,800
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