💥 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
Using the newly launched Short-Term Holder Cost Basis Distribution (CBD) Heatmap, the recent $80K–$95K consolidation reflects a top-heavy cost-basis structure meeting renewed demand above $80K.
Overhead supply from recent buyers has absorbed bounce attempts, anchoring price despite sustained buying interest following the drawdown.
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