💥 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
🟠Nearly 36M $ETH (30% of the total supply) - equivalent to $119B being staked.
This number continues to rise sharply in the early days of the year. After several months of stagnation since August last year, the amount of #ETH locked increased from 35.5M to 35.9M in a short period, marking the end of the quiet phase.