💥 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
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BTC has passed the extreme fear zone. Buyers are now confident that the decline will continue with Bitcoin. The nearest support has been broken, and a recovery towards resistance may take several months. The worst-case scenario is losing retail confidence with a flexible timeframe because they trust gold more.