💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$PYTH Signal】Bullish | Breakout and Pullback Confirmation, Main Force Accumulation Structure
$PYTH After a volume breakout above the 4-hour EMA20, a healthy pullback is underway. Deep imbalance reaches 3.95%, with buy-side thickness significantly exceeding sell-side, indicating institutional support at key levels. Open Interest remains stable, funding rates are moderate, with no short squeeze risk. This is a typical accumulation structure before trend initiation.
🎯Direction: Long
🎯Entry: 0.0450 - 0.0454 (Breakout above the upper boundary of the previous zone and EMA20 support)
🛑Stop Loss: 0.0443 (Break below the previous 4-hour candle body low, rigid stop loss)
🚀Target 1: 0.0475 (Previous wave high and EMA50 resistance)
🚀Target 2: 0.0495 (Previous high resistance zone on the daily chart)
Core Logic: After the price breaks above 0.0449 EMA20, during the pullback, the buy-side depth (Bids) is unusually heavy, a typical order flow accumulation. The 4-hour RSI recovers from oversold to 53, remaining in a healthy neutral zone, leaving room for further upward movement. ATR indicates volatility contraction; combined with volume-price analysis, this pullback is a healthy reset after breakout, not a top distribution. The key is whether the price can establish support in the 0.0450-0.0454 range. Once confirmed, it will push toward higher liquidity zones.
Trade here 👇 $PYTH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate广场发帖领五万美金红包 #Gate广场发帖领五万美金红包