💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$GPS Signal】Long | Healthy Cooldown After Breakout with Volume
$GPS After breaking out with volume, the price enters a high-level consolidation, which is a healthy bullish cooldown rather than a top distribution.
🎯Direction: Long
🎯Entry: 0.01155 - 0.01175
🛑Stop Loss: 0.01130 (Rigid Stop Loss)
🚀Target 1: 0.01250
🚀Target 2: 0.01320
Hardcore Logic: A 4H-level volume surge of over 23% creates a large bullish candle, followed by narrowing candlestick bodies while the price remains above the breakout zone. This is a typical strong consolidation. Key data: Open interest (OI) remains stable after the surge, with no significant decline, indicating that bullish positions are not panicking out. Although Taker Volume shows net selling, the price refuses to undergo a deep correction, and buy orders below 0.01175 are dense (order book buy depth is significantly better than sell), indicating that the main force is actively absorbing selling pressure for a healthy reset. Negative funding rate (-0.55%) provides a safety margin for longs, reducing the risk of a short squeeze. Price action (PA) shows that each retracement on lower time frames (LTF) is quickly bought back, and the market structure remains bullish.
Trade here 👇 $GPS
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