💥 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 weakness of #RENDERUSDT stock is fully manifested just as expected.
After showing a bearish trend a few days ago, its price has now dropped by about 7% and continues to decline.
The main support level remains focused around the $1.8 to $2.0 range, where buyers may seek to return to the market 📉
#RENDER
$RENDER