💥 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
The 15-minute short-term moving average is in a bullish arrangement, but there are no solid bullish candles, frequent pullbacks, and a risk of correction. At the same time, US stocks are likely to open slightly higher, with a risk of a quick rise followed by a pullback. In summary, shorting at high levels is relatively safer#Gate广场发帖领五万美金红包