💥 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
Contract Point Notification:
Pippin is currently at the century pressure level, with the current price around 0.527.
Recommend 20% short on the main position, full position at 0.6 for a all-in move, stop loss at 0.62.
First take-profit target: 0.3
Second take-profit target: 0.15
Third take-profit target: 0.05