💥 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 just delivered a powerful impulsive bounce from the $1,880–$1,900 demand zone.
Structure has been reclaimed. Intraday momentum has shifted bullish. Buyers clearly defended the zone with strength.
Now price is approaching the critical $2,100–$2,170 heavy supply area, where previous selling pressure emerged.
This is the decision point.
A clean breakout and sustained hold above this region opens the door for continuation higher.
A rejection here likely confirms this move as a relief bounce within a broader range.
Ethereum is at a key inflection level. The reaction here will define the next leg. bus