💥 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
Last week’s key points:
1. Bitcoin ETFs saw significant inflows, with a record $936.43 million on April 22, 2025, reflecting strong institutional interest.
2. It seems likely that major partnerships, like Twenty One Capital Inc. with Tether and SoftBank, boosted market confidence.
3. The were some regulatory shifts, such as the SEC dropping cases against crypto projects, potentially easing market tensions.
4. There were notable developments in Solana, with institutional funding and staking plans, indicating growing interest