💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Trading theme — Range control 63–68K: In the short term, the probability of growth is approximately 40%, decline approximately 60%. A bearish structure dominates. A break below 66,000 USDT could open the way to 63,000–60,000 USDT. A stable rebound from 68,000 USDT could bring BTC back to 72,000 USDT if liquidity improves.
Growth scenario: Fear 8/100 — historically a signal of reversal; ETF inflow > 160 million USD on February 10 confirms institutional interest. RSI in oversold territory, and large traders are beginning to accumulate positions.
Short-term buy📈
Entry: above 66,500 USDT #CelebratingNewYearOnGateSquare 30% volume$BTC
Stop-loss: 65,800 USDT
Take-profit: 72,000 USDT
Decline scenario: ETF outflow — 2.76 billion USD and an increase in short positions ( whale contracts > 47,000) indicate increased pressure. MACD is negative, EMA7 < EMA25.
Short-term sell📉
Entry: above 66,000 USDT (40% volume)
Stop-loss: 68,200 USDT
Take-profit: 63,000 USDT