💥 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
California publishes map images of the congressional district approved by the Supreme Court
The U.S. Supreme Court has issued a significant ruling approving the new congressional district map of California. According to Jin10, this move is expected to bring substantial changes to the upcoming elections, as the Democratic Party has the opportunity to counterbalance the political advantages that the Republican Party has established in Texas through their redistricting strategy.
Approval of the new map favors the Democratic Party
This decision marks a turning point in the debate over electoral redistricting in the United States. By approving the adjusted voting district map, the Supreme Court allows California to implement a plan that lawmakers argue will more fairly distribute congressional seats among parties. This could benefit the Democrats in the upcoming elections.
Republicans’ request to block the redistricting plan rejected
Recently, Supreme Court justices rejected the positions of the California Republican Party and the U.S. Department of Justice, both of which requested to prevent the implementation of the new congressional district map. They argued that the map violates principles of racial equality and is therefore illegal, but this request was not officially granted.
The approval of this new electoral map reflects the comprehensive redistricting process across the U.S., in which both major parties attempt to optimize their political advantages during the ten-year period between census counts.