💥 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
11.25 Evening Strategy Sharing
After BTC found support at the 86628 level and stopped falling, it has seen a small rebound and is currently consolidating around 87500. From a technical perspective, it is now between the middle and lower bands of the Bollinger Bands. The lower band acts as short-term support while the middle band is resistance above. The narrowing of the Bollinger Bands indicates reduced short-term volatility, and it is likely to enter a period of narrow-range consolidation, which is a phase of accumulation before a directional move.
During the pullback, trading volume also shrank and MACD momentum weakened, so the short-term outlook is still focused on correction and recovery. Therefore, until a clear rebound trend emerges, the main strategy remains to short on rebounds, while also being alert to the risk of a breakout above the 88000 level.
BTC can be shorted around 87800-88500, with a target of 86000-85000.
ETH can be shorted around 2970-2940, with a target of 2850-2800.
(Personal opinions for reference only. Please refer to live trading for all decisions!) #反弹币种推荐 #美国结束政府停摆 #加密市场观察