💥 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
$BTC because price pushed aggressively into the highs, swept buy-side liquidity above the recent range, and then started to stall. That move looked emotional and overextended. Market tested higher prices, but acceptance was weak.
Market read
Clear buy-side liquidity grab followed by hesitation near resistance. Structure is extended and momentum is slowing. As long as BTC stays below the recent high, a corrective pullback remains likely.
Entry
Around $87,800 – $88,600, into resistance.
Targets
TP1: $85,900
TP2: $83,700
TP3: $80,500
Stop loss
Above $90,200. If it breaks, I’m out.
Calm, patient, following structure.
Liquidity taken → mean reversion next.
Let’s trade. $BTC