💥 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
$ZEN bounced hard off 4.939 low, now trading above MA7 (5.937) & MA25 (5.880), both flipping supportive. Downtrend from 9.71 is losing steam. MA99 at 6.723 is the next real test for bulls.
🎯 TP1 — $6.50
🎯 TP2 — $6.72
🎯 TP3 — $7.40
🛑 Stop Loss — $5.72
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