💥 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
ETH/USD (Daily)
ETH at $1,949, sitting on major support around $1,600–$2,000.
This zone held multiple times since 2024.
Structure: lower highs since $4.8K peak.
Lose $1,600 → next stop likely $1,200–$1,400.
Need reclaim above $2,500 for momentum shift.