💥 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 token unlock events are coming up this week—time to keep a close eye on the market. ONDO leads the pack with a 61.39% unlock worth $754.5M scheduled for January 18, followed by TRUMP at 25.35% ($272.4M) the same day. ESPORTS will see a 27.61% unlock ($19.01M) on January 19, while BARD has a smaller 4.58% release ($7.75M) on the 18th. KAITO rounds out the list with 3.46% ($4.44M) unlocking on January 20. These significant liquidity events could create volatility across the board. Traders monitoring on-chain activity should flag these dates—large token releases often trigger sharp price movements, so preparation and risk management are essential.