💥 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
$BTC bullish continuation is loading
I’m starting with the reason first: I’m seeing a clean recovery after a sharp liquidity sweep. Price flushed weak hands below the previous support, printed a strong reaction low, and then reclaimed structure with steady buying pressure. This kind of move usually shows smart money absorption, not random retail buying. The market didn’t rush up — it built step by step, which is exactly what I like to see.
Market read
I’m reading this as a bullish structure shift on the intraday timeframe. The sell-off found demand, the bounce held, and now price is forming higher lows with strong follow-through candles. Momentum is back, but we’re not extended. That gives room for continuation rather than exhaustion.
Entry point
I’m interested in entries between 69,800 – 70,200
This zone aligns with the recent breakout area and short-term demand. I want price to respect this level and hold above it.
Target points
TP1: 71,200 – first resistance and partial profit zone
TP2: 72,500 – previous rejection area, likely magnet
TP3: 74,000+ – continuation target if momentum expands
Stop loss
67,900
If price comes back below the reclaimed structure, my bullish idea is invalid. Risk stays controlled.
How it’s possible
I’m seeing liquidity already taken on the downside, which reduces selling pressure. Buyers stepped in aggressively at the lows, and price reclaimed key intraday levels without heavy resistance. As long as higher lows hold, continuation toward the upper range is the natural path. Volume supports the move, and there’s no sign of distribution yet.
I’m not chasing. I’m letting price come to my level and react. This is a structure-based trade, not hope.
Let’s go and Trade now $BTC