💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$KITE Signal】Long | Breakout and Pullback Confirmation, Main Force Continues Accumulation
$KITE After breaking above the previous high of 0.192 with increased volume, a healthy pullback confirmation is underway. The price stabilizes above the EMA20(0.1823), and the deep imbalance(-24.18%) indicates weak sell wall, with buying pressure continuously absorbing at key levels.
🎯Direction: Long
🎯Entry: 0.192 - 0.195 (Previous breakout support zone)
🛑Stop Loss: 0.186 (Break below the 4H previous low, invalidating logic)
🚀Target 1: 0.210 (Previous high resistance)
🚀Target 2: 0.225 (ATR 1.618 extension level)
Hardcore Logic: Continuous bullish candles on the 4H timeframe with volume breakout, stable open interest(OI Stable), not a short squeeze, indicating genuine buying pressure. RSI(64.39) is healthy after correction from overbought zone, with no top divergence. Funding rate(+0.005%) is moderate, showing no signs of overheating. The order book shows a dense sell wall above 0.1974(Asks), but buy orders(Bids) below are deeper and more evenly distributed, a typical main force support and accumulation structure. When the price retraced to the previous breakout level(0.192), volume decreased, consistent with healthy reset characteristics. Using ATR(0.0119), the risk-reward ratio >2.0, with a clear mathematical advantage.
Trade here 👇 $KITE
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