💥 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
A small recovery will occur for Bitcoin.
The important level that will be attempted to break through in a short time is $103,800 to $104,300
Note that there will be an opportunity to short sell in that area.
The expectation of the TP is a psychological level of $100,000.
Happy trading keep dyor