💥 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
genuinely feels like the only memecoins to comfortably size into and hold are $neet and $wojak atm
neet is past the typical lifespan of a memecoin but the price action has been strong comp to majors
not to mention the real cultural impact of the neet movement, real holders, not dependent on a single kol, etc.
wojak really gives off the $troll pre 280m run vibes with its evergreen meme, ct sentiment, and i really would consider full porting at ~8m if it continues to range
troll consolidated and ranged for about 76 days before its massive run, wojak has been doing this too for about 21 days
monitoring