💥 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
$SIREN experienced a heavy long liquidation near $0.10172, signaling a sharp downside liquidity sweep that removed overleveraged longs and reset short-term structure. This move has driven price into a major demand zone around $0.095–$0.100 where buyers are expected to defend aggressively. If SIREN stabilizes above this region, a rebound toward resistance at $0.112–$0.118 becomes likely, with the next upside target around $0.130 where liquidity clusters remain. Long liquidation events often mark local exhaustion if follow-through selling fades. A breakdown below $0.095 would expose deeper downside toward $0.088 before meaningful recovery. Structure suggests cautious bounce potential from current levels. $SIREN #BuyTheDipOrWaitNow?