💥 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
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INSIGHT: Only 11 blockchains managed to rake in more than $100K in fees last week — and just six broke the $1M mark. A sharp reminder from Nansen that in a crowded ecosystem, only a handful of chains are truly capturing meaningful on-chain demand.