💥 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
$INJ Exciting update from injective: IIP-617, the INJ Supply Squeeze proposal, is live and already hit quorum! This governance move aims to double $INJ's deflation rate by ramping up burn contributions from 60% to 120% of trading fees and slashing new token issuance in half.
Fewer new tokens + more burns = faster supply contraction, positioning INJ as one of the most deflationary assets in crypto. With ecosystem growth, this could supercharge value accrual for holders.
Voting ends Jan 20—INJ stakers, get in there! 🥷🚀