💥 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
#BuyTheDipOrWaitNow?
The #Solana community is experiencing a sharp price decline, but true supporters see this as a great buying opportunity. Here are the main trends:
1. A major analytics firm notes strong selling pressure and warns of a possible drop to $65.
2. A well-known trader believes that most are too pessimistic, which could lead to a price increase.
3. Ecosystem developers emphasize Solana’s unmatched speed and its adoption by institutional investors as long-term advantages.
Mass liquidations indicate a deepening decline **bearish signal**
“Solana liquidations have exceeded $300 million, analysts warn of a $65 price... the 'Head and Shoulders' macro pattern is broken.”
**What does this mean:** This is a negative signal for SOL, as it indicates forced sales by traders with leverage and a break of the long-term chart pattern, which could lead to a deeper correction if key support levels do not hold.
The crowd is pessimistic, but “smart money” is optimistic **bullish signal**
“The crowd is pessimistic, MP (smart money) is optimistic on #Solana. . The sentiment divergence indicates growth potential, attractive risk-reward ratio, as positioning is overly negative.”
**What does this mean:** This is a positive signal for SOL, as it suggests a contrarian situation where excessive pessimism among retail traders could lead to a sharp rise if institutional investors or “smart money” continue accumulating the asset.
Praising Solana’s speed and scalability **bullish signal**
“Solana does not reward doubt. It rewards determination and speed. Where other networks measure size by weight, Solana measures it by movement.”
**What does this mean:** This is a positive signal for SOL, reflecting the community’s core belief in the network’s fundamental advantages — high throughput and low fees, which are considered key factors for long-term adoption and value growth.
$SOL$KAS
## Summary
The overall $ETH opinion on SOL is **divided**: on one side — technical issues and fears due to liquidations and support level breaches, on the other — confidence in the network’s technological superiority. Watch for a decisive breakout above $115 or a close below $80 to determine which trend will prevail.