💥 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 day before yesterday, shorted at 1906, got stuck for two days, almost got liquidated, kept adding positions, bringing the average cost up to 1924, then pushed up to 2002! Today, it tested the bottom and recovered! Same strategy! Do it again!