💥 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
🧐 What did everyone expect after that massive drop?
$SOL is trying to find its feet right now. The $189 candle was brutal and we crashed straight through $176 support without slowing down.
Now we're sitting right around $160.80
That $155.87 area from earlier is the new line in the sand. Look at all the selling volume on the way down.
If buyers can hold this $160-156 zone, we might see a small bounce back toward $168.
But honestly, the pressure is still heavy. A break below $155 and it's a fast trip to the next support in the $150-148 range. Patience is key here.
What are your hands doing right now? Holding or adding?
#sol #SolanaStakingETFLaunch