💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$TRUTH Signal】Long | Healthy Consolidation After Breakout
$TRUTH After a volume breakout, the price enters a high-level consolidation, which is a typical healthy reset after a breakout, not a top distribution.
🎯Direction: Long
🎯Entry: 0.01445 - 0.01455
🛑Stop Loss: 0.01420 (Rigid Stop Loss)
🚀Target 1: 0.01520
🚀Target 2: 0.01600
Hardcore Logic: On the 4H timeframe, volume exceeds $380 million USD, breaking previous highs with buying dominance (Taker Volume is net buying). Despite a 14.5% increase, open interest remains stable (OI Trend: Stable), indicating the rally is driven by genuine buying rather than short covering. The current price consolidates tightly above the breakout level, with order book depth showing solid buy orders and sell pressure concentrated in a narrow range. Funding rate is only 0.005%, indicating no overheating. This is a classic breakout-retest-restart pattern. As long as the price does not fall below the lower boundary of the breakout zone, the probability of continuing upward is very high.
Trade 👇 $TRUTH
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