💥 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
Technical Analysis ETH & Gold
ETH ⭕️⭕️
Currently still consolidating around the low 1900s
If it cannot break below 1900 this week
Then, as mentioned yesterday, it will test the resistance levels at 2100 and 2300
Gold ⭕️⭕️
After yesterday's sharp decline, it formed a wick
The price reached around 4870
This morning, it quickly rebounded to 4980
The key point now is to observe whether yesterday's break was genuine. If it closes today or by tomorrow morning above 5000, then the probability of continuing to move upward is very high📈📈
#Gate廣場發帖領五萬美金紅包