💥 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
The on-chain price of 0.00036 is too high. I can't transfer it from the chain, and the exchange won't allow withdrawals either. You have to wait for the on-chain price to go up before you can add to your position. Otherwise, if you buy now, the price will drop to the on-chain level.