💥 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
$SOL price is attempting a short-term recovery on 4H but still trades below MA25 and MA99, keeping the broader trend bearish. Momentum is mild; a breakout above recent highs is needed to confirm strength.
TP1. 85
TP2. 90
TP3. 96
Stop Loss. 76