💥 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
$XRP – $1.368
XRP recovering from $1.348 low.
Price forming short-term higher highs.
Resistance near $1.372 visible.
Breakout level very close.
Support: $1.352 – $1.346
Resistance: $1.372 – $1.409
Targets:
T1: $1.372
T2: $1.409
T3: $1.450
Stop Loss: $1.338
Sentiment:
Mild bullish recovery.
Momentum improving.
Volume stable.
Clear break above $1.372 confirms strength.
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$XRP