💥 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
$DOLO LONG Entry area:
0.0575 – 0.0588
Take Profit Target (TP)
👉TP1: 0.0615 (minor resistance / MA5)
👉TP2: 0.0648 (supply area & MA10)
👉TP3: 0.0690 (strong resistance)
👉TP4: 0.0755 – 0.0760 (previous high)
🛑Stop Loss (SL)
0.0550 (H1 close below this level → invalidate the bullish position)
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