💥 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
$PENGU /USDT
Current price is sitting around $0.01433, showing clear downward pressure with a -6.5% move in the last 24 hours. After the recent slide and weak recovery attempts, the chart is flashing warning signs.
On the 1H timeframe, bearish candles continue to dominate, hinting that sellers still have control and momentum may be building for another leg down.
Trade Setup
• Entry Zone: 0.01410 – 0.01425
• Target 1 🎯: 0.01395
• Target 2 🎯: 0.01370
• Target 3 🎯: 0.01340
• Stop Loss: 0.01455
If price loses the local support near 0.01410 with solid volume, the drop can accelerate sharply — opening the door for a deeper correction.
But if buyers defend the zone and push above 0.01455, the short-term trend could flip.
Trade carefully — volatility is heating up.
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