💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
BTC long suggestion: buy on pullback in the 88600-89200 range. Place stop-loss at the low point of 87800. Take profit around 91500, then target 92500.
If the risk-reward ratio is favorable, go ahead and execute boldly. #btc$btc