💥 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
As early as the evening of the 17th, it was already indicated that the stop-loss signal had appeared.
Now is not the right time to chase after the kite! As expected, it is just as Wumu said.
Since the 17th, it has gradually oscillated upward to the peak of 116300.
The result is obvious, this wave of Wumu's top understanding!
Another wave to seize over ten thousand points for the medium to long term!
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