💥 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 Square Daily|September 1#
1️⃣ Gate Update → GUSD minting is coming! 🚀 Alongside it, spot trading, Launchpool, unified margin, and excess coin treasure will go live.
2️⃣ Macro Insight → Tom Lee says the Fed is reopening a mild rate-cutting cycle after a long pause. 📉
3️⃣ Market Watch → Analysts warn: the fate of the U.S. stock market may be decided in the next 14 trading days with key economic events on the way. 📊
4️⃣ RWA Growth → New Town Development to raise HKD 50M through share issuance to expand in the RWA field. 🏗️
5️⃣ Crypto Governance → Solana’s Proposal SIMD-0326 has officially passed. ✅
#GateSquare CryptoNews #MarketUpdate