💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$PIPPIN Signal】Bullish Breakout with Healthy Pullback
After a 46% surge in a single day, $PIPPIN consolidates at a high level on the 4H chart for cooling off. The price stabilizes above the key breakout level of 0.25, indicating a healthy reset rather than a top-out distribution.
🎯 Direction: Long
🎯 Entry: 0.272 - 0.277
🛑 Stop Loss: 0.249 ( Rigid Stop Loss )
🚀 Target 1: 0.298
🚀 Target 2: 0.325
Core Logic: 1) Price Action (PA): After a massive bullish candle breakout, the candle bodies remain above the breakout zone, and the pullback lows are gradually rising (0.252 -> 0.274), indicating effective absorption by buyers. 2) Data-Driven: Despite the large increase, open interest (OI) remains stable with no significant decline, ruling out the possibility of major players pushing up to distribute. Taker sell volume during the pullback has not increased, showing no panic selling pressure. The funding rate is slightly negative, providing a safety cushion for subsequent rises. The current consolidation phase is a typical stage of profit-taking by bulls and accumulation by main players. As long as the 0.25 key support holds, the probability of moving upward is higher.
Trade here 👇 $PIPPIN
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