💥 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
Wu Shuo learned that Coinbase product director David T. Socy posted on the X platform stating that Coinbase currently has 12 products with annualized revenue exceeding $100 million, with Base being one of the contributors. He also mentioned that Base is still in the early stages, "just getting started."