💥 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
Gate officially launches the high-performance Layer 2 network Gate Layer, "All in Web3" leads the overall enhancement of the GT ecosystem!
With the support of GT staking, Gate Layer achieves a perfect balance between performance and security:
🔹 Supporting more than 5,700 transactions per second, blocks are generated in 1 second.
🔹 Transaction fees are much lower compared to most existing layer two networks.
🔹 3 main core tools —— Perp, Gate Fun, Meme Go, drive trading, liquidity, and value creation
As the only Gas token, GT, with an added continuous burn mechanism, and the upgrade of GateChain, Gate is building an ecosystem that is open and focused on "All in Web3".🌐
Learn more: https://www.gate.com/announcements/article/47349
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