💥 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
🚀 Bitcoin Nearing “Undervalued” Territory
The MVRV ratio — a key metric comparing market value vs. realized value — is now around 1.1.
Historically:
• When MVRV drops below 1 → BTC is undervalued
• When MVRV rises high → BTC is overheated
At current levels, Bitcoin is approaching the zone where long-term investors typically accumulate.
We’re not there yet… but we’re getting close. 👀