💥 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
Affected by the news of the collaboration with Apollo, MORPHO temporarily increased by about 10%
On February 14, according to CEX market data, influenced by the news of the partnership with Apollo, MORPHO temporarily rose about 10%, currently priced at $1.25. BlockBeats previously reported that Morpho announced a partnership agreement with asset management firm Apollo Global Management, which manages $900 billion in funds. Apollo plans to acquire up to 90 million MORPHO tokens over 48 months, and both parties will jointly support the on-chain lending market on the Morpho protocol.