💥 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
I’m seeing short positions get removed around $0.15267, and price held its footing instead of slipping back. That response suggests selling effort was neutralized and demand stepped in quietly.
EP (Entry Price): $0.1549
TP1: $0.1628
TP2: $0.1746
TP3: $0.1915
SL (Stop Loss): $0.1452
Price is stabilizing above the $0.152 reaction area, preserving a supportive structure.
Momentum is improving as forced exits reduce downside pressure and encourage continuation.
Liquidity is gathered above $0.166 and $0.182, which often attracts price when buyers remain active.
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