💥 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
When we were young, we learned a story called "The Boy Who Cried Wolf." When the shepherd boy shouted, "Wolf! Wolf!," the adults believed him and went out to hunt the wolf, but there was no wolf. Later, the boy shouted again, "Wolf! Wolf!," and the adults believed him once more and went out to find the wolf, but still no wolf appeared. As a result, the adults became angry and no longer believed the boy. Then, the wolf really came, and the boy shouted, "Wolf! Wolf!," but this time the adults didn't believe him. As a result, the wolves ate all the sheep in the pen. Brothers, this time the wolf is really coming—seize the opportunity, and make a lifetime's worth of money in one go. $PI