💥 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
Data: 499.65 BTC transferred out from Gemini, worth approximately 17.28 million USD
Mars Finance reports that, according to Arkham data, at 08:05, 499.65 BTC (worth approximately $17.28 million) was transferred from Gemini to an anonymous address (starting with bc1qpahh6…).