💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Blum Crypto launches pre-registration on gate
Blum Crypto ($BLUM) has officially started its pre-listing trading on the gate crypto exchange, offering traders an early opportunity to engage with the token before its public launch.
Blum Crypto ($BLUM) has officially started its pre-listing on the crypto exchange gate, offering traders an early opportunity to engage with the token before its public launch.
The pre-mintage process started on October 16, 2024 at 14:00 UTC, allowing users to stake USDT to create pre-tokens Blum. The Pre-Market pre-tokens spot trading then began at midnight on October 17.
This initiative allows users to stake USDT to mint pre-tokens Blum, thereby facilitating early trading activity.
Pre-market trading is designed to attract investors interested in capitalizing on potential price movements before the token becomes more widely available. Gate users can benefit from creation opportunities, allowing them to create Blum tokens through USDT staking.
Given that pre-market trading is now active, participants can trade minted tokens on the $BLUM/USDT market. This trading phase often presents unique opportunities due to the volatility typically observed in the early stages of a token's presence on the market.
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