💥 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
TIA testing the lower range after rejecting the EQH supply zone at $1.655. - Liquidity sweep confirmed on the recent push higher - Price failed to reclaim $1.655, showing strong sell pressure - Bulls need to hold this zone for potential bounce back to $1.7 – $1.75 resistance
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