💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$BTR Signal】Long | Healthy Consolidation After Short Squeeze
$BTR After a single-day surge of over 50%, the price is consolidating within a narrow range at high levels. This is a typical healthy reset after a short squeeze, not a top.
🎯Direction: Long
🎯Entry: 0.1360 - 0.1380
🛑Stop Loss: 0.1300 (Break below previous low and EMA20 support, rigid stop loss)
🚀Target 1: 0.1500
🚀Target 2: 0.1580
Market Analysis: After breaking out, the price is consolidating strongly within the 0.135-0.148 range. The key bullish logic is: 1) Funding rate is only 0.005%, far from dangerous levels, low short squeeze risk. 2) Open interest (OI) remains stable, with no signs of major players closing longs. 3) 4H buy ratio remains above 0.52, indicating good buy absorption. 4) Order book depth imbalance reaches 4.27%, with buy orders significantly thicker than sell orders, showing clear institutional support.
Hardcore Logic: The current price remains above EMA20 (0.1135), with a solid trend structure. Although RSI is high at 72.69, in a short squeeze scenario, overbought conditions are not a reason to short. ATR indicates increased volatility, but the price has not broken below the key support at 0.135 (former high turned support).
Overall, this is a classic “short squeeze - consolidation - breakout” scenario. Before any signs of major players offloading (OI decreasing + high funding rates), any healthy pullback is a good opportunity to go long. Risk management is placed below the logical failure point at 0.1300.
Trade here: 👇 $BTR
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL