💥 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
⚠️ According to Mike McGlone (Bloomberg strategist) if the USD 100,000 support breaks, Bitcoin might drop to USD 56,000. $BTC $H $UAI
Tags: #RiskWarning #BitcoinSupport