💥 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
$ETH is showing a steady rebound after short-term consolidation, holding above the $3,000 psychological zone. Market structure is tightening, hinting at a potential momentum push if buyers reclaim near-term resistance.
Support: 3000 – 3015
Resistance: 3075 – 3098
Entry Zone: 3015 – 3040
TP1: 3090
TP2: 3150
TP3: 3220
Stop-Loss: below 2980
Market sentiment is gradually shifting as ETH defends higher lows on the 15m chart. A breakout above 3098 could trigger fresh momentum and attract short-covering flows. Watching for volume expansion on reclaim of 3075.
More volatility coming if ETH closes strong above 3100.
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