💥 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
Overtake
Entry: $0.028 – $0.035
Take Profit 1: $0.415
Take Profit 2: $0.540
Stop Loss: $0.251
Resistance: $0.25
Analysis: Strong +60% breakout with aggressive volume. Watch $0.08 retest for continuation.
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