💥 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
Lots of people are freaking out about X “banning” crypto ads, but here’s the thing:
This isn’t new.
X has had rules against running paid ads for crypto for a long time, way before August 2024.
Basically, if you’re trying to push crypto through ads, it’s always been a no-go.
What’s happening now is just them actually enforcing the rules, not changing them.
So yeah: nothing surprising, just the same rules in action.