💥 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
$BONK has made a powerful impulsive move, breaking out aggressively from its base.
The recent pullback appears to be profit-taking after a sharp rally, not a breakdown. Momentum is still strong, but volatility is high, so sharp candles are expected.
If price holds above the breakout zone, continuation remains likely. This is strength, but risk management matters with moves this fast.