💥 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
🔎 Market Overview 02/13
Most of the crypto market is trading in the red zone🔽
Bitcoin (BTC) $66,110 (-1.5%);
Ethereum (ETH) $1935 (-1.67%);
Solana (SOL) $78.78 (-2.35%);
BNB (BNB) $597.08 (-2.83%).
Market capitalization: $2.34 trillion (-1.23%).
BTC dominance: 58.88% (+0.18%).
Fear and Greed Index: 8 (Extreme Fear);
Altseason Index: 43.
BTC trading volume — $44.5 billion.
Total open interest — $44.2 billion.