💥 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
Whale Purchases Over 5,000 ETH in Recent Transaction
According to ChainCatcher, Lookonchain monitoring has revealed that a whale investor acquired 5,104 ETH approximately 30 minutes ago, valued at $16.09 million. Since December 3, this investor has accumulated a total of 51,374 ETH, amounting to $159.76 million, with an average purchase price of $3,110 per ETH. $ETH #CryptoMarketPrediction