💥 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
According to the official blog, Morpho Association announced a partnership agreement with an affiliate of Apollo Global Management. Under the agreement, Apollo can purchase up to 90 million MORPHO tokens over 48 months through secondary markets, OTC transactions, and other methods, subject to transfer and trading restrictions. Both parties will collaborate to support the on-chain lending market on the Morpho protocol, with Galaxy Digital UK Limited serving as Morpho's exclusive financial advisor.