💥 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
Wild market. We haven't seen anything like this since the dot-com bubble burst.
In the last 8 sessions, 115 S&P 500 stocks dropped 7% or more in a single day.
The average decline when this happens is 34%. Currently, we are 1.5% below the all-time high.