💥 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
BTC, or Bitcoin, is currently trading at $110,089.72 with a market capitalization of $2.19 trillion. The price has seen a slight increase of 0.62% from its previous close, with the day's high at $110,718.00 and low at $107,516.57 ¹.
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