💥 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
$AXS is showing a bullish-to-neutral setup, supported by strong ecosystem news and positive market attention.
Price is holding above the 20-day moving average, which suggests short-term strength, and it’s also outperforming BTC on the daily move.
The upcoming bAXS airdrop and the Terrariums game launch are clearly driving interest and keeping sentiment positive.
At the same time, volatility is elevated.
Open interest is rising fast, which means a lot of leveraged positions are building up. This can help momentum continue, but it also increases the risk of sharp pullbacks if sentiment cools.
Key support sits around $1.36–$1.44. As long as price holds this zone, the structure remains healthy.
Resistance and potential profit-taking area is near $1.65–$1.80. A clean break above $1.65 with strong volume would improve the bullish case.
Overall, AXS looks constructively bullish but not a chase. Best approach is to wait for pullbacks or clear volume confirmation and manage risk carefully.
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