💥 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
Toshi
Entry: $0.00020 – $0.00021
Take Profit 1: $0.00026
Take Profit 2: $0.00031
Stop Loss: $0.00018
Resistance: $0.00024
Analysis: $TOSHI remains a high-beta volatility play. Volume is surging, and the token is currently consolidating just below its daily resistance. A break above $0.00022 likely leads to a quick scalp opportunity.
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