💥 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
$MON
$MON is showing clear strength right now, trading around 0.01943 with positive momentum building. Over the last 24 hours, price has pushed higher from the 0.0184 zone and printed a strong impulsive move, followed by a healthy pause. This isn’t random price action — it looks like controlled consolidation after a bullish push.
On the 1H timeframe, the structure is constructive. Higher lows are forming, bullish candles are holding above the previous support, and sellers are failing to push price back into the prior range. This usually hints that buyers are still in control and preparing for the next leg.
Trade Setup
• Entry Zone: 0.01920 – 0.01945
• Target 1 🎯: 0.01995 (recent high / local resistance)
• Target 2 🎯: 0.02050 (range expansion zone)
• Target 3 🎯: 0.02120 (bullish continuation target)
• Stop Loss: 0.01880 (below structure support)
As long as price holds above the 0.0190–0.0192 support area, the bias remains bullish. A clean break and hold above 0.0200 with solid volume could accelerate momentum quickly and trigger a stronger upside expansion.
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