💥 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
If you ignore the doomposting on X and look at the actual data, the situation doesn't look that bad
The 4-year cycle stands strong as we're dumping right on track with it
We also bottomed with $BTC around the old ATH
Nothing out of the ordinary