💥 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
Macro Watch: Inflation Data to Guide Fed Decisions
White House Economic Council Chair Hassett said that upcoming inflation data will significantly influence future Federal Reserve decisions.
Reports indicate that inflation figures are a main factor for policymakers when determining interest rate direction and broader monetary policy changes.
Key points
- Inflation data is central to Fed policy decisions
- Rate outlook is closely linked to economic indicators
- Markets are likely to respond to upcoming CPI releases
With inflation still a priority, investors are closely monitoring for signs of the next policy move.
Will lower inflation lead to easing, or will rates stay high for a longer time?#GateSpringFestivalHorseRacingEvent
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