💥 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
#CPIDataAhead
Headline CPI came in below expectations both m/m and y/y, pointing to easing price pressure. Core CPI matched forecasts, though it accelerated compared to the previous month.
Overall, the data is moderately positive for markets and may reinforce expectations of a softer Fed policy path.
🇺🇸 US inflation falls to 2.4%.