💥 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 (SOL):
Solana is showing a short-term recovery bounce after recent heavy selling. The 1-hour momentum is bullish, supported by buyers defending the $85.50 area. If this support holds, SOL can attempt a move toward $89.20, with an extension target near $91.50. This move is corrective rather than trend-reversing, meaning upside is likely to face selling pressure near resistance. A failure to hold above $85.50 would invalidate the bounce and expose SOL to renewed downside.
$SOL