💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$AKE Signal】Short position + Extreme overbought after short squeeze
After a violent 36% surge on the 4-hour chart, the RSI reached 86.77, indicating an extremely overbought condition. The market shows typical signs of a short squeeze (funding rate +0.0938%, OI stable), rather than a healthy trend initiation. Deep imbalance of -19.56% and insufficient buying volume, with heavy selling pressure above.
🎯 Direction: Short
Currently, the risk of chasing the high is very high, and the conditions for shorting are not met (funding rate not at an extreme high, and no OI decline or RSI divergence resonance). Price is far from EMA20 (0.0002), waiting for a deep correction to key support levels (such as 0.00025-0.00026 area) with decreasing volume and RSI correction back to around 50 before considering a long entry.
Trade here 👇 $AKE
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