💥 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
If you're wondering why the charts are dead, here is the culprit. 👇
Just as $BTC inflows started flipping positive, we got hit with a massive negative outflow day right before the weekend close.
That liquidity drain is exactly why the last 48 hours have been a total snoozefest. 💤
No volume = No direction. Wait for Monday institutional flows before taking a position. ⏳
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