💥 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
“FGI 57 & Altcoin Index 42 — Why Bitcoin, Not Alts, Looks Wise Now”
The market is showing moderate greed, but altcoins aren’t leading. Bitcoin is outperforming — so be smart:
- Accumulate BTC on dips (~$110–115K)
- Wait before ramping up alts; they’ll shine once the Altcoin Index > 50.
DCA, be patient, and let sentiment shift in your favor."
NB: Always DYOR!