💥 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
$NAS100
Tech is flashing a very similar pattern that preceded the tariff sell off last April
Under 6M rVWAP and I stay cautious of further downside
Keeping eyes on this as I don't see a scenario where Crypto shakes off a >-10% pullback in tech