💥 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 it can't be trapped, it can't be trapped. Continue to look at the short-term here. I'm always afraid of a big drop, so I'm not in the car, hence being aggressive and greedy.
If there's a small rebound to around 875, continue to short again. I've said it for a long time—rebounds are just opportunities. Don't overthink it.