💥 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
Zero Gravity
Entry: $0.515 – $0.58#GateSquare$50KRedPacketGiveaway 5
Take Profit 1: $0.590
Take Profit 2: $0.650
Stop Loss: $0.480
Resistance: $0.560
Analysis: $0G is showing stabilization after recent selling. It is currently painting a "bullish engulfing" candle on the 4H chart, suggesting a move toward the $0.60 target is underway.
$0G