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Just noticed HBAR forming what looks like a head and shoulders pattern on the chart, and honestly it's looking pretty interesting right now. The token's been consolidating around the $0.09 level, which is acting as the neckline for this setup. Volume's picking up too, which is a good sign that we might see a real move here rather than just another fake out.
What caught my eye is that HBAR is already trading above its point of control, meaning buyers are comfortable at these levels. If it can actually break through that $0.09 resistance with decent volume behind it, the next target would be around $0.12. The head and shoulders pattern would suggest this could be a legitimate trend flip.
The risk management side looks decent here because volume is supporting the move, so it's not looking like a potential trap setup. Watching to see if HBAR can hold above the point of control and confirm that breakout above $0.09. That would be the real confirmation we need to see.