💥 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
Bold Price Forecasts for 2026
Despite the recent volatility, long-term price targets remain aggressive.
The Bull Case: Bank of America has maintained a historic (though speculative) forecast range of $135 to $309/oz for 2026, citing extreme ratio compression.
The Consensus: Most institutional analysts (like Citi and Peel Hunt) are eyeing a more moderate, yet still bullish, "re-test" of the $100/oz mark later this year once the current liquidity flush stabilizes.$XAG #GateSquare$50KRedPacketGiveaway