💥 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
$GT – $6.96
GT trading in tight intraday range between $6.92–$7.00.
Price attempting short-term recovery from local low.
Structure still range-bound.
Break above $7.00 needed for expansion.
Support: $6.92 – $6.85
Resistance: $7.00 – $7.14
Targets:
T1: $7.00
T2: $7.14
T3: $7.30
Stop Loss: $6.80
Sentiment:
Neutral intraday structure.
Low volatility environment.
Buyers defending $6.90 zone.
Above $7.00 momentum improves.
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$GT