💥 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
Anchor
A few years ago, I read a book called "Predictably Irrational," which mentioned this—anchoring effect (people tend to rely too heavily on the first piece of information they receive when making decisions or estimates. This initial information may be irrelevant or misleading, and subsequent judgments are often adjusted based on this benchmark).
It's actually very simple psychology.
But in real life, many people can't help but be influenced.
Trump has played this card to perfection.
And it’s effective.
——
GN