💥 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
#DOTUSDT – Potential Reversal 👀📈
On the daily timeframe, #DOT shows weakness in downward momentum, with the price consolidating and not making new lower lows.
The stock now forms the right shoulder of a potential inverse head and shoulders pattern, a classic reversal pattern, with a possible move upward toward the neckline at $2.4.
Alert: A daily close below $1.85 will invalidate this pattern ⚠️
$DOT