💥 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
There are two kinds of people:
#1 MetaDAO Whale:
- Committed $4M
- Got 350,712 $RNGR for $280.5K
- Dumped 90% already
- Lost $50K
#2 MetaDAO Whale:
- Committed $2M
- Got 180,249 $RNGR for $144.2K
- Bought more for $100K
- Is up over $30K