💥 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/USD (Daily)
BTC at $66K, testing the $60K–$70K support zone.
This is 2024 breakout area.
Structure looks heavy after rejection from $130K highs.
Hold here → bounce possible.
Lose $60K → opens door to $50K (2024 support).
Volume spike shows selling pressure.