💥 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
🔎Market Overview 14.02
Most of the crypto market is trading in the green🔼
Bitcoin (BTC) $68,891 (+3.8%);
Ethereum (ETH) $2053 (+6%);
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BNB (BNB) $620.22 (+3.8%).
Market capitalization: $2.43 trillion (+3.72%).
BTC dominance: 58.98% (-0.1%).
Fear and Greed Index: 11 (Extreme Fear);
Altseason Index: 43.
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Total open interest — $45.1 billion.