💥 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
BREAKING: The numbers are finally in, and it is a massive win for the markets today as the January CPI landed at a cooler-than-expected 2.4%, officially beating the 2.5% forecast. This "Bullish Beat" is exactly the spark we needed to cut through the noise of the $2.9 billion options expiry, as it proves that inflation is cooling even faster than many experts feared. With Core CPI also sitting steady at 2.5%, the pressure is finally starting to ease, giving Bitcoin a clear green light to start moving back toward that $74,000 "Max Pain" magnet we’ve been watching. It feels like the heavy cloud of uncertainty from the recent government shutdown is finally lifting, and seeing the market react with this much strength suggests that the "Big Money" is ready to flip from cautious to aggressive. It’s a great reminder that while daily news can cause small dips, the long-term trend of cooling inflation is what really drives the major price moves we all wait for. $BTC #CPIDataAhead