💥 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
#PROVE Momentum recovery with strong weekly gains.....
$PROVE is trading at 1.3317, showing an increase of 8.3% over the day and an impressive increase of +30.7% over the past seven days. After a drop to around 1.1870, the token has recovered strongly, regaining upward momentum and pushing towards the resistance area of 1.36.
Bullish scenario
Entry Zone: 1.31 – 1.33
Goal 1: 1.36
Goal 2: 1.42
Goal 3: 1.50
Stop loss: Less than 1.25
Market Notes
The volume remains strong with over 86 million traded in the past 24 hours, indicating healthy liquidity.
The order book shows a slight advantage on the buying side (51.2%), indicating a balanced but increasing upward pressure.
A confirmed breakout above 1.36 can accelerate the bullish momentum towards the 1.50 area. #Stablecoin Supply Tops $270B