💥 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
Although the crypto market has many altcoins, Bitcoin remains the "heartbeat" of the entire market. When Bitcoin drops sharply, most other coins also plummet. This demonstrates that, to this day, the crypto community continues to pay close attention to Bitcoin's movements and news.