💥 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
$USDT Dominance is holding a key Fibonacci support zone between 7.64% and 7.95.
This area often determines whether the trend will continue or break. As long as this Fib level holds, dominance is likely to push toward 8.2%–8.9%, keeping pressure on BTC and altcoins.
A break below this zone would be the first indication that risk is returning to the market.DYOR | NFA
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