💥 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
THE BIGGEST BULLRUN WE’VE EVER SEEN STARTS TODAY
sentiment is at all time lows as people have started to “accept” that the 4-year cycle is intact.
Fear and greed tapped 5 and is sitting at 8. RECORD LOWS.
RSI is also at RECORD LOWS.
While everyone is accepting that it’s over, quitting, and capitulating their bags at the bottom the institutions are secretly buying.
A rally is going to start and retail will miss it and FOMO back in at the highs.
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