💥 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
12.9 ETH Evening Market Analysis
- Federal Reserve Meeting: Dovish → rise, Hawkish → short-term pressure;
- Funds: ETH ETF inflows + low exchange balances (tight supply).
Market is more bullish with some volatility. Buy more on pullbacks. Support is around 3030 below, strong resistance at 3180 above. If it breaks above that, then really looking at around 3470.
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