💥 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 — Bullish: sharp rebound; higher lows holding above 69.5k.
Direction: Long
Entry: 69,600 – 70,300
Stop: 68,900
Targets:
• TP1: 71,500
• TP2: 73,200
• TP3: 74,300
Thesis:
Momentum/structure: reclaiming key level and grinding higher
Expectation: continuation upside while 69.5k holds
Trade $BTC here 👇