💥 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
This scalping strategy focuses on price action within hourly candles for quick, short-term gains on Pi. Begin by analyzing the previous hourly candle—if it closes bullish, look for buying opportunities in the next candle’s pullback to key support zones. If bearish, scout for short entries at resistance. Use the 50 EMA on the 5-minute or 15-minute chart to confirm the trend direction.
Avoid trading during low volatility hours—stick to sessions with higher liquidity for clean moves. Discipline and quick exits are key to managing risk.
#PI #BTC #GT #SOL #DailyPerformance