💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$TOSHI Signal】Bullish, Short Squeeze Confirmed, Pullback for Long Entry
$TOSHI After breaking through key resistance, the price consolidates at high levels. This is a healthy reset in a typical short squeeze scenario, not a top.
🎯Direction: Long
🎯Entry: 0.0002250 - 0.0002220
🛑Stop Loss: 0.0002150 (Breaks below the previous 4H K-line low and EMA20 support, rigid stop loss)
🚀Target 1: 0.0002400
🚀Target 2: 0.0002600
Market Analysis: The price surged 24% in a single day, but the core logic is not simply chasing the rally. The funding rate is -0.0694%, indicating a deep negative value, and open interest remains stable. This is a typical short squeeze structure, with shorts paying fees and facing the risk of being squeezed.
Hardcore Logic: Continuous buy orders on the 4H timeframe, with the latest K-line buy/sell ratio at 0.56, showing buy dominance. The order book shows a sell wall (at 0.0002276) much thicker than buy orders, yet the price can consolidate above this level, indicating strong buy absorption.
Technical Resonance: RSI(69.75) has not entered the extreme overbought zone, leaving room for upward movement. The price is above EMA20(0.0002), with a solid trend structure. Entry zone is at the previous breakout level and Fibonacci 23.6% retracement, an ideal support flip zone. Risk-reward ratio >2.5, with a significant mathematical advantage.
Trade here 👇 $TOSHI
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