💥 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
$BTC at 66k has lost almost 50% in value from its ATH.
Onto the technicals.
On the 30m structure, there’s a clear sell side liquidity resting below ~$64k.
That orderblock sitting at the $62k–$64k region is very important.
My base case:
1️⃣ Sweep the lows (take out $64k liquidity)
2️⃣ Tap into the 30m orderblock ($62k–$63k)
3️⃣ Strong reaction + displacement
4️⃣ Reclaim $72k–$74k
Remember, after a ~50% correction from ATH, weak hands are already shaken out.
What’s left is positioning and liquidity engineering.
As long as that OB holds, upside expansion remains very much on the table.