💥 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
$DOT price is stabilizing on 4H after a prolonged downtrend, forming a short-term base near recent lows. Still below MA25 and MA99, so the broader trend remains bearish. A breakout above 1.32 could trigger relief momentum.
TP1. 1.32
TP2. 1.38
TP3. 1.45
Stop Loss. 1.22
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