💥 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 – $1,962
ETH showing strong intraday recovery from $1,924.
Price approaching short-term resistance zone.
Higher low pattern active.
Continuation depends on breakout.
Support: $1,945 – $1,924
Resistance: $1,970 – $2,000
Targets:
T1: $1,970
T2: $2,000
T3: $2,050
Stop Loss: $1,910
Sentiment:
Short-term bullish momentum.
Volume expansion visible.
Buyers in control intraday.
Above $2,000 acceleration likely.
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$ETH