💥 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
Can Berachain return to $0.8?**
After the recent pullback, price is now trying to stabilize, which raises an interesting question for traders and investors. If buying volume starts to increase and overall market sentiment improves, a move back toward the $0.8 level is not impossible. However, without a clear breakout above key resistance zones, this bounce could remain only a short-term reaction. Market conditions, especially Bitcoin’s direction, will play a big role in determining the next move. A strong recovery needs confirmation, not just hope.
Do you think Berachain is preparing for a real comeback, or are we about to see another rejection before any serious rally begins?🤔👾
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