💥 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
Subject: Controlled Pullback to 60,000 USDT
Probability analysis: The short-term likelihood of an increase is estimated at 40%, while the decrease is at 60%, indicating a cautiously bearish market. The next 24 hours will be determined by the zones of 68,000–60,000 USDT. A break below 60,000 USDT could open the way to 55,000 USDT, while successful support signals a rebound toward 73,000 USDT. $BTC
Bullish scenario: ** Recovery of demand from institutional investors, slowdown in ETF outflows, negative funding rates, offsetting overbought shorts, and RSI < 30 — all create conditions for a short-term rebound.
Short-term buy📈
Entry: 60,500 USDT (20% of capital)
Stop-loss: 59,500 USDT
Take-profit: 73,000 USDT
Bearish scenario: ** Against the backdrop of mass liquidations and large deposits from whales on Coinbase, the probability of decline increases; the average daily purchase volume drops, the funding rate is negative, confirming seller dominance.
Short-term sell📉
Entry: 69,800 USDT (30% of capital)
Stop-loss: 71,000 USDT
Take-profit: 60,000 USDT