💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$SOL Signal】Long - 1H level strong breakout, main capital inflow clearly supporting the market
$SOL The 1H level is consolidating strongly above EMA20, just broke through the previous high of 84.3 with increased volume, momentum is strong. The 4H level has formed three consecutive bullish candles, confirming a breakout from the bottom oscillation zone. Although the overall trend is still in the recovery stage, short-term capital inflow is evident, making it an excellent intraday trading opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 84.55 - 84.70 (Reason: The current price has stabilized above the breakout level of 84.3, with solid buy orders on the order book. You can enter directly or buy on slight pullback )
🛑Stop Loss: 83.40 (Reason: Falling below the 1H EMA20 support and the previous candle's low breaks the bullish structure )
🚀Target 1: 86.50 (Reason: Resistance at the previous rebound high on the 4H level )
🚀Target 2: 88.80 (Reason: 1.618 Fibonacci extension level, corresponding to the recent decline wave )
🛡️Trading Management:
- Position Size Suggestion: Standard position (Reason: Resonance breakout on 1H and 4H levels, high signal quality )
- Execution Strategy: When price reaches 85.80 (previous small platform), reduce position by 30%. Move the remaining stop loss to the entry point. After reaching Target 1, reduce position by 50% and move the remaining stop loss to 85.00 to aim for Target 2.
Deep Logic: Price increased by 9% on the 4H level with volume expansion, but open interest remains stable, indicating this is not just a bearish squeeze but active accumulation by new bullish funds. The 1H RSI is as high as 71.99, indicating short-term overbought conditions, but combined with strong buy depth and sustained buy ratio, this is characteristic of a strong market. Order book depth imbalance is -0.03%, with light selling pressure, conducive to further price upward movement. Funding rate is only 0.0051%, with no overheating risk.
Trade here 👇 (
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