💥 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
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Short-term oversold conditions and institutional interest: Bitcoin (BTC) is trading around $66,127, approaching the long-term support level of $66,000–$68,000. The Fear and Greed Index is at 8 (extreme fear), which historically indicates a bottom formation. Synergy with Ethereum and Solana is gradually increasing large funds' confidence in digital assets. $BTC