💥 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
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Entry Zones:
Dip Entry: $0.0039–$0.0042
Breakout Entry: $0.0050–$0.0055
Targets:
T1: $0.0060
T2: $0.0080
T3: $0.0100+
#LaunchTokensOnSquareToGrab$1,000 Stop-Loss: $0.0025