💥 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
$ETH showing controlled bounce after downside liquidity grab.
Sellers still holding short term structure.
EP
1,900 – 1,920
TP
TP1 1,949
TP2 1,980
TP3 2,001
SL
1,886
Price swept intraday lows at 1,896 and reacted with absorption. Short term structure remains bearish, but liquidity taken below support opens room for retrace into prior supply. Watching reaction near 1,980 for continuation or rejection.
Let’s go $ETH