💥 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 macro view:
In past cycles, price retested the shadow of the previous ATH before a new bull run started.
2017 ATH shadow was hit in 2022.
2021 ATH shadow sits at $58k–$69k now.
If history rhymes, this zone matters.
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