💥 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
European stocks kicked off trading on a positive note today, with major indices posting broad-based gains. Germany's DAX led the rally with a 0.68% increase, followed by the Euro Stoxx 50 climbing 0.6%. France's CAC 40 added 0.32%, while the UK's FTSE 100 edged up 0.13%, according to market data. The across-the-board strength in European stock markets suggests steady investor confidence in the region's equity outlook as trading activity resumes.