💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$Q Signal】Long | Breakout and Pullback Confirmation, Deep Imbalance Support
$Q After volume breakout, pull back to previous high support, with deep buy orders significantly thicker than sell orders, indicating institutional support.
🎯 Direction: Long
🎯 Entry: 0.02145 - 0.02150
🛑 Stop Loss: 0.02036 ( Breaks below previous high support, rigid stop loss )
🚀 Target 1: 0.0235
🚀 Target 2: 0.0250
Market Analysis: On the 4H timeframe, volume broke through the previous high of 0.0208, and the current candlestick is pulling back for confirmation. Key data resonance: 1) Depth imbalance reaches 45.5%, buy orders are 2.67 times thicker than sell orders, indicating strong accumulation below 0.0215. 2) Open interest remains stable, funding rate is only 0.0381%, no signs of extreme bullish overheating, eliminating short squeeze risk. 3) Price holds above EMA20 (0.0200), RSI (64) is healthy with a mild correction, far from overbought.
Logical core: The pullback occurs within the first Order Block (0.0214-0.0215) after breakout, with decreasing volume, indicating a healthy reset. Buy order depth is concentrated below the current price, forming a liquidity moat, greatly reducing the risk of breakdown. Stop loss is set below the previous high, with a clear logic. Risk-reward ratio >2.5, fitting a high-probability trading setup.
Trade here 👇 $Q
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