💥 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
Bought the second spot at $70,500, with an average price around $72,500. The market may slightly dip below $70,000 later, but it's not a big issue. The support zone between $70,000 and $74,000 won't break so quickly. Before further decline, there should be at least a rebound from this level. $BTC