💥 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
$ZEN recovered from a 4.939 low, now hovering above MA7 at 5.82. MA25 at 5.90 is acting as an immediate lid. Price is tightly coiled, breakout or breakdown imminent. MA99 at 6.95 is the bigger hurdle ahead.
TP1 → 6.20 (above MA25 clearance)
TP2 → 6.60
TP3 → 6.95 (MA99 reclaim)
Stop Loss → 5.60 (below MA7 base)
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