💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
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$BTC
Support test phase: In the short term, there is a high probability of decline under macroeconomic pressure and negative ETF dynamics. The bullish scenario probability is 42%, bearish — 58%. Exceeding a volume of $600 million could change the momentum, but currently, the balance leans toward sellers. After a possible support test, consolidation or a temporary technical rebound is expected.
Bullish scenario: Weakening dollar and increased institutional purchases through ETFs could create conditions for a rebound from the 67,000 zone. Technical indicators show MACD divergence, and the fear index has reached extreme levels, indicating a phase of accumulation.
Short-term buy 📈
Entry: 67,000 USDT (30% of capital)
Stop-loss: 65,500 USDT
Take-profit: 71,700 USDT
Bearish scenario: Maintaining a strong dollar and no ETF inflow could trigger further decline, especially if support at 66,000 is broken. Capital outflows exceeding $150 million intensify the downward momentum.
Short-term sell 📉
Entry: 66,800 USDT (30% of capital)
Stop-loss: 68,500 USDT
Take-profit: 63,000 USDT