💥 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
Morning market analysis on 11.28
The big cake's three attempts to break 92000 were unsuccessful, with a clear strong resistance and strong selling pressure!
The hourly chart shows weak rebounds and consecutive downward trends. The MACD and KDJ indicators are both in a bearish arrangement, indicating a clear bearish signal.
Practical recommendations:
$BTC BTC: Short at 91500-92500, target at 90500, 90000
$ETH Two Pancakes: Short from 3060 to 3090, target 2970, 2920#美国结束政府停摆