💥 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
Federal Reserve officials believe that the rise in long-term interest rates is not accidental—it reflects positive economic growth expectations in the market. Governor Milan recently stated that the link between growth forecasts and long-term interest rate fluctuations is a direct relationship. According to ChainCatcher, this statement is considered the official explanation for the factors influencing interest rates in the global financial markets in the current period.