💥 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
$USDC – $1.0007
USDC stable around peg level.
Low volatility expected.
Range extremely tight.
Not suitable for directional trading.
Support: $1.0000
Resistance: $1.0010
Targets:
Minimal movement expected.
Stop Loss: Not applicable
Sentiment:
Stablecoin behavior.
Low volatility.
No trend structure.
Primarily for liquidity use.
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$USDC