💥 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
US oil majors are looking to ramp up operations in Venezuela following recent policy signals. While the administration has given the green light for drilling operations, companies on the ground remain cautious about the timeline and operational challenges. Navigating political uncertainty, supply chain logistics, and infrastructure gaps means this isn't a quick win. That said, increased oil supply could reshape energy markets and influence broader economic trends—something worth monitoring if you're tracking inflation expectations and macro cycles that ripple through asset markets.