💥 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
📈 Even though I’m convinced we’ll see a strong bounce in the near future, I wouldn’t be surprised to see $ETH below $3k and $BTC around $80k this month.
〰️ We are in a Wyckoff accumulation phase, and so far everything aligns with that structure. There are also massive liquidity pools below the lows, which whales are likely to target before pushing the market higher. 🐋
I’m not trying to scare anyone, but I want you to be prepared. I’m already in a short, and it’s printing 💸💸