💥 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
Weekend Bitcoin Market and Strategy Analysis(Simplified Version)
The 30-minute cycle has completed a technical regression towards the $68447$ moving average, and is currently in the phase of liquidity consolidation around the $68000 -$68500 support zone.
Operational Suggestions:
Gradually establish swing long positions: responding to mean reversion and stabilization. It is recommended to place buy orders in batches around the $68200 -$68500 region.
Target reference: Take profit first at the $69501(100x short liquidation level), with the ultimate swing target above $70190.
Stop-loss reference: Protectively set tight stops below the $68125 (100x long cluster)#Gate广场发帖领五万美金红包 $BTC