💥 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
$PIPPIN – $0.52937
PIPPIN showing strong recovery from $0.434 low.
Higher high structure visible.
Momentum currently bullish.
Holding above $0.52 support.
Support: $0.500 – $0.480
Resistance: $0.556 – $0.580
Targets:
T1: $0.556
T2: $0.580
T3: $0.620
Stop Loss: $0.465
Sentiment:
Bullish short-term momentum.
Volume expansion earlier.
Buyers active on dips.
Above $0.556 rally may extend.
#GateSquare$50KRedPacketGiveaway #CPIDataAhead #NFPBeatsExpectations #BuyTheDipOrWaitNow?
$PIPPIN