💥 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
JUST IN: Bitcoin Defends $88,000 Support as Weekend Sell-Off Exhausts Liquidity.
The bleeding has finally stopped. After a relentless slide driven by geopolitical fears, Bitcoin found a hard floor at $87,950 during the Asian Monday open. The aggressive selling pressure that dominated the weekend has evaporated, leaving the market in a state of quiet accumulation.
This is a classic "absorption" phase.
Order book data shows that whales are not chasing price; they are simply parking massive limit buy orders below $88k and letting retail panic-sellers fill them. Funding rates have flipped back to neutral, indicating that the over-leveraged shorts are beginning to close their positions.
Traders should watch the $89,200 level today. A clean reclaim of this zone confirms that the "Greenland Dip" was a liquidity trap, setting the stage for a grind back toward $91,000.
#Bitcoin #MarketStructure #CryptoRecovery