💥 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
#Solana Fractal Alert: Last Time This Happened, It Pumped 24,234%
Cycle 1 ◉ 2020-2021: $1.07 → $260 (+24,234%)
Correction Phase ◉ Then Crashed -97% to $7.78
Cycle 2 ◉ 2022-2025: $7.78 → $295 (+3,700%)
Correction Phase ◉ Now down -77% from ATH
Pattern Suggests:
$SOL Price has Corrected -77% from ATH. If historical fractal plays out, deeper retracement toward 0.5-0.618 Fibonacci levels Remains Possible.
Levels to Monitor
▸ Potential Accumulation Zone: $30 - $50
▸ Long-Term Targets: $500 - $1,000
Past Fractals Don't Guarantee Future Results. DYOR and Check the Chart Yourself.
NFA | Always Manage Your Risk