💥 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
Pharos launches a $10 million incubation program for the RWA and DeFi ecosystem
The Pharos Foundation has officially launched a $10 million incubation initiative dedicated to supporting advanced projects in the real assets (RWA) sector and decentralized finance (DeFi). The program includes direct funding, technical support, and access to a network of experienced venture capital investors.
The goal of the initiative is to strengthen the growing RealFi ecosystem while helping early-stage projects achieve a significant market position. The initiative provides participants with a combination of financial resources and technical know-how necessary to overcome initial market entry barriers. By combining venture capital with operational expertise, the program aims to accelerate the development of RWA infrastructure and innovative DeFi solutions in accordance with industry regulatory standards.