💥 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
$XLM Long Entry 1 (0.38041$) Triggered, 📈 currently printing 💸🤑
final Target price : 0.62048$ Finger crossed 🤞
(Trade Valid ✅)
⤵️Entries and Target Points are on pinned comment.
🟢 Technical Strength: XLM exhibits strong bullish technicals, including positive EMA alignment, a bullish MACD crossover, and increased volume, contributing to recent price increases 📈
🔴 RSI Approaching Overbought: The 6period Relative Strength Index (RSI) is currently at 68.49, which is nearing the overbought threshold. This could signal a potential shortterm pullback if buying pressure does not sustain its intensity.📉 #Tradingtipsforvolatility