💥 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
The dominance chart #USDT shows that it has settled above the downward trend line 📊.
If a retracement and retest occur now, #BTC could show growth to the $80–87K zone 📈.
This is the moment to close long positions in futures (, not spot ).
In this scenario, altcoins will also show growth,
but this increase is likely to be a short-term movement.
One possibility is that after the retest, USDT dominance will continue to grow,
which would be negative for the market.