💥 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
#美联储联邦公开市场委员会决议 Looking at the 4-hour K-line, Bitcoin is still oscillating within a low-range box, and the main upward structure is intact. In the short term, keep a close eye on the $92,600 level; whether it breaks or not is very critical. The support below is around $89,000, with the lower Bollinger Band roughly in this range.
The $90,000 psychological level has now become the main battleground. Recent K-lines suggest that the bulls are in control, and the market has already shown signals of stabilization at low levels.
From a trading strategy perspective, consider entering long positions around the $89,300 and $88,000 areas, with targets set at $91,500 and $93,000 respectively. $BTC $ETH $BNB All of these are worth paying attention to, especially as the Federal Reserve FOMC meeting's developments could influence the recent market rhythm.