💥 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
Gold fell nearly 400 points yesterday and rebounded after touching trendline support. This wave of sharp decline is not a trend reversal, the core is that the news catalyzes market panic, triggering a concentrated outflow of large funds
5280 is the current core key support, and its gains and losses directly dominate the short-term trend rhythm: hold 5280 and stabilize and rebound, the bullish pattern continues, you can take a light position near 5280, and the target is around 5480
If 5280 is effectively lost, the short-term upward trend will directly weaken, and the price of gold is likely to trigger a deeper correction #金价突破5500美元 #GateLive直播挖矿公测开启 #美联储利率维持不变 #XAU