💥 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
Lanka,[a] officially the Democratic Socialist Republic of Sri Lanka, formerly known as Ceylon,[b] is an island country in South Asia. It is located in the Indian Ocean, southwest of the Bay of Bengal, and is separated from India by the Gulf of Mannar and the Palk Strait. Sri Lanka shares a maritime border with the Maldives to the southwest and India to the northwest, and lies across the Bay of Bengal from Bangladesh and Myanmar to the northeast and the Andaman and Nicobar Islands of India to the east. Its capital is Sri Jayawardenepura Kotte, while Colombo is its largest city and the political, financial and cultural centre. Sri Lanka's population is 22 million; with the Sinhalese people, who speak the Sinhala language, forming the vast majority—while Tamil is spoken by the large Tamil minority. Other long-established ethnic groups include the Moors, Indian Tamils, Burghers, Malays, Chinese, and Vedda.[15]
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