💥 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
#MOODENG
Nice momentum strong candle in the daily timeframe gives Moodeng a chance to return to the supply area around $0.35
You can take advantage of this to open a long position and take profit near that supply area.
And start thinking back when the resistance began to put up a fight
Keep dyor not financial advice