💥 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
Clearing Intensity Observation: Under $80,000 BTC, the long liquidation intensity is approximately $402 million. Coinglass derivative indicators show that if the price drops below $80,000, the main CEXs will see a long liquidation "intensity" of about $402 million; if it rebounds and breaks through $85,000, the short liquidation "intensity" will be approximately $1.543 billion (Note: this is a cluster/intensity indicator, not an exact liquidation amount). Liquidation back and forth?