💥 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
$SPACE (USDT)
Timeframe: 1D
Bias: LONG
Structure: Base expansion after prolonged downtrend compression
Entry:
0.0066 – 0.0071 (prefer shallow pullback toward breakout base)
Targets:
1️⃣ 0.0079
2️⃣ 0.0092
3️⃣ 0.0115
4️⃣ 0.0148 (extension if momentum builds)
Invalidation:
Daily close below 0.0062
Leverage: 2x–6x (daily structure trade)
Technical Context:
After a sustained distribution phase, price printed a clear volatility expansion candle from a tight compression range. This type of move on the daily often signals early phase reversal rather than a simple relief bounce.
Momentum shift is visible through:
Large bullish body after multiple small indecision candles
Higher relative volume expansion
First meaningful attempt at reclaiming prior micro-supply
As long as 0.0062 holds on a daily close basis, downside pressure remains absorbed. Continuation depends on holding above 0.0066 during any pullback.
If price consolidates above 0.0072 instead of retracing — probability of direct expansion toward 0.009 increases.
This isn’t a chase-at-top setup.
Best positioning comes from controlled pullback entries.
#spaceusdt $SPACE