💥 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
#XPL
The market trend for XPL (Plasma) today:
The price is moving slightly higher, with an increase of about +2-4% in the last 24 hours according to several platforms.
However, during the last week, the currency has seen a significant drop — a decrease of about 40-50% approximately.
Overall, the market seems to be experiencing a short-term positive volatility within a medium-term downward trend $
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##XPLCommunity