💥 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
#BuyTheDipOrWaitNow? 📉🔥 #BuyTheDipOrStayPatient?
Bitcoin is hovering around $69,000, defending an important demand area after the recent wave of volatility. The market is at a decision point — and patience matters here.
So what’s next? Accumulation… or another leg down?
🔍 Key Technical Zones • 🟢 Immediate Support: $68,000 – $69,000
• 🔴 Strong Demand Area: $66,500
• 🚀 Overhead Resistance: $70,500 – $71,000
If BTC continues to hold above $68K and volume starts to expand, momentum could shift back toward the $70K+ region.
However, a clean break below $68K with selling pressure may open the door for a deeper retracement.
💡 Trader’s Approach Confirmation over emotion. Let structure and volume guide entries instead of guessing the bottom.
At current levels, are you scaling in — or waiting for clarity? 👇
#BitcoinUpdate #BTCAnalysis #CryptoMarkets