💥 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
alts generally fall, PORTAL has fallen over 19% in the last 24 hours
On May 19, according to CEX market data, as Bitcoin briefly fell to 102,000 USD, alts experienced widespread declines, including: PORTAL currently at 0.718 USD, a 24-hour decline of 18.78%; ENA currently at 0.3507 USD, a 24-hour decline of 7.98%; TAO currently at 394.4 USD, a 24-hour decline of 7.37%; W currently at 0.0909 USD, a 24-hour decline of 7.06%.