💥 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
Today's Mainstream Token trend analysis:
#BTC yesterday's market fluctuated sharply, once falling below the 80,000 mark. Many thought it would continue to decline, but instead, a strong rebound occurred, mainly due to positive data, net inflows starting from BlackRock, the White House organizing a cryptocurrency summit, and a series of positive news. Currently under pressure around 88,000-89,000, with support near 93,500.
#ETH Ethereum reminded the position to rebound yesterday, then fell back nearly 60 points near 2280 given, the trend is relatively weak, the current support reference is near 2170-2140
This weekend, the market's liquidity is affected, and it is expected to fluctuate within a certain range in the next two days. The market is ever-changing, please refer to the actual market situation, and remember to manage risks properly!