💥 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
The rebound gives us a chance to ride, Bitcoin 11.18 shows 4620 peak, in the morning it was confirmed again that we must wait for a wave of rollback, everything is going as expected.
The market will focus on the two main supports 11/4550, and if it is effectively broken, it will continue to decline. Those with short positions can reduce the size of their positions and follow the decline. #BTC