💥 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
Major altcoins rose by 3–4% over the weekend, partially offsetting last week's dip, as the closing of short positions fueled the rise in the market. Solana, DOGE, Ethereum, and XRP led the growth among the largest cryptocurrencies by market capitalization, according to data on simultaneous upward movement.