💥 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
#MITO is gaining strength after holding support near 0.2450 and bouncing back towards the zone of 0.2800. The chart shows continuous accumulation, and buyers are attempting to regain higher levels with increased momentum.
Trade Setup:
Entry zone: 0.2750 – 0.2780
Target 1: 0.2850
Target 2: 0.2950
Target 3: 0.3050
Stop Loss: 0.2650
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