💥 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
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Personal advice: try to focus on spot trading given the current situation in contracts! Both sides are risky. If you find contract trading exciting, make sure to set a stop-loss! There are people trading spot to ride through the bull and bear markets. The coins in the chart can all be bought now—no need to hesitate! It's just a shakeout to clear some chips, then prepare for a rally after the New Year! QCP1NPK2