💥 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
ok so here it is.
what's causing the market to be noisy now isn't just one news.
but the accumulation.
• Trump officially nominates Kevin Warsh as Federal Reserve Chair to replace Powell. This means the direction of interest rate policies & global liquidity could change significantly.
• Trump with the Board of Peace, very controversial, many major countries are skeptical and withdrawing.
• On the geopolitical side, the US says it wants to talk with Iran while warships remain on standby in the area. This adds to global risk sentiment.
so it's not just about one headline.
this is a combination of major global sentiments that move the market from equities, bonds, gold, to crypto.
market reaction to news like this isn't just noise; this price action is driven by macro shifts 👀