💥 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
The Sixth Year of Structural Deficit
Despite the price volatility, the Silver Institute confirms that 2026 will be the sixth consecutive year where global demand exceeds supply. While some industrial sectors are "thrifting" (using less silver per unit), the overall market remains tight. Physical inventories at the COMEX and LBMA have reportedly fallen significantly since 2020, providing a fundamental floor for prices.
$XAG