💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Market Structure Notes – UNIUSDT (1H)
That sudden spike changed the short-term landscape. After the sharp expansion and quick rejection, price is now behaving more calmly, which usually signals a transition phase rather than immediate continuation.
What stands out
The market reacted strongly at the highs but didn’t fully collapse afterward. Instead, price is drifting sideways, suggesting participants are reassessing value in this area.
Possible Upside Path
If price continues holding the recent reaction zone, a gradual push toward the nearest resistance pocket wouldn’t be surprising. Slow, controlled candles often hint at rebuilding strength.
Possible Downside Path
Failure to maintain this stability could invite another wave of selling, especially if lower intraday levels start giving way. Sharp spikes often leave unfinished business on both sides.
Overall Tone
Right now, it looks more like digestion after volatility than a clear directional statement. Patience matters most when structure is resetting.
Just a personal market read, not financial advice.$UNI #GateSquare$50KRedPacketGiveaway