💥 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
I think this ponzi might be cooked. It has dumped more than 50% from the top
A major support 0.15 has been lost
Rested the 4H FVG & bearish OB & continued downwards
Te next daily close is key. If it closes below the line then it's curtains
#USELESS