💥 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
Ethereum Surges to $3,500 as Insider Whale Recovers Losses
Ethereum (ETH) has climbed back to $3,500, marking a significant recovery for a prominent insider whale known as '1011'. This individual had previously incurred a loss of $1.3 million from a long position in Bitcoin (BTC). However, the recent surge in ETH has resulted in an unrealized profit of $3.316 million from their long position in Ethereum. Over the past week, the cumulative profit has rebounded to $1.774 million.
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