💥 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
Monday Thought Analysis:
From the hourly BOLL indicator, the expansion of the bag opening pattern is clear, which is a core signal of the accelerated strength of the short-term trend! Bullish momentum continues to explode, directly driving the three tracks to diverge upwards synchronously. The current technical aspect is completely dominated by bulls, and the upward structure is truly perfect.
Bitcoin: fluctuating around 114600_113600, target around 115800-117600
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