💥 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
$BIRB — SHORT: Breakdown from range, strong sell pressure, lower-lows
Direction: Short
Entry: 0.204 – 0.214 (retest/supply)
Stop: 0.222 (back above range floor)
Targets:
• TP1: 0.197 (session low)
• TP2: 0.190
• TP3: 0.180
Thesis:
[Momentum/structure]: rolling over + bearish continuation, failed base
[Expectation]: continuation downside while 0.214–0.220 caps
Trade here 👇 $BIRB #CelebratingNewYearOnGateSquare