💥 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
great
Price is not just stuck. It is forming higher lows, which means buyers are stepping in earlier each time Bitcoin dips. That is a classic early sign of strength.
The key level to watch is 95,700. Bitcoin has tested this level and pulled back.
Trend structure shows a rising support line, meaning demand is strengthening.
RSI is healthy and not stretched, so momentum still has room to build.
What could happen next
◼︎First scenario – Bullish breakout
If Bitcoin clears the key level with strength, the next upward move begins. This could lead to fresh highs and renewed institutional interest.
◼︎Second scenario – Pullback first
If Bitcoin loses the rising support trend line, price could revisit the 84,000 to 88,000 area first to recycle liquidity and rebuild strength before another attempt.