💥 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
$ETH is sitting at 1,957.59, and this range looks like a spot where a bounce setup can develop if the market cooperates.
Entry Zone: 1,950.00 – 1,960.00
TP 1: 1,970.00
TP 2: 1,980.00
TP 3: 2,000.00
Stop Loss: 1,940.00
Clean structure...just let it play within the range.
#ETH #Rmj-Trades