💥 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
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The StarkWare and Starknet teams are accused of having sold at least 4% of $STRK Token PANews , according to the X platform "Andrew 10 GWEI", the StarkWare and Starknet teams have sold at least 400 million $STRK Tokens to the market on their network, accounting for about 4% of the total supply. Andrew stated that the actual amount sold may be more, but they are still collecting complete evidence. Additionally, he criticized the team as the "largest extractor" of this cycle, actively releasing bullish statements while continuously selling Tokens