💥 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
#Dollar continues its decline with #DXY sinking towards long held support (since 2009 Financial crisis)
This decline correlates with positivity for risk assets #BTC & #ALTs in the short term and if the $Dollar decline continues then we should see further #Crypto appreciation