💥 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
Markets change, and somehow the old ghosts always hear it first.
Not long after #LayerZero talked about launching its own Layer 1, Zero, Alameda’s bankruptcy wallet suddenly woke up.
About five hours ago, it swapped 129.04M $STG (around $24.49M) for 11.14M $ZRO , worth roughly $24.29M. Big size, clean swap, done and dusted.
It’s really wild how these wallets stay quiet for ages, then the moment the narrative shifts… they’re right there.