💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
ETH is reacting right at the levels where the structure indicates it should. The price touched the demand area, buyers stepped in, and short-term momentum is trying to stabilize. The key question now is whether this bounce has real strength or is just a temporary relief rally.
Current Structure Breakdown
Major Supply: 2,130, 2,150
Supply Zone: 2,000, 2,040 (recent rejection area)
Flip Level: 1,960 (short-term control level)
Liquidity Sweep: ~1,880
Major Demand: 1,870, 1,900
The market behavior is typical:
Drop, panic, sweep, reaction.
Bullish Scenario (Structure-Based)
As long as ETH stays above 1,900, a move toward 1,960 seems likely. Acceptance above the flip level opens room for movement into the 2,000 zone, where sellers previously showed strength.
Bearish Scenario (Invalidation)
If ETH fails to hold above 1,900, focus shifts back to the 1,880 liquidity. Losing the demand region would signal weakness and increase the chance of another drop.
My View
Structure is more important than emotions. Reactions from demand are normal; confirmation comes from follow-through, not just the first bounce.
Do you think ETH will build a base here, or is another sweep still coming?$ETH #GateSquare$50KRedPacketGiveaway