💥 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
People saying 'we’re not early anymore' are looking at $ETH wrong.
On ETH today, the bulk of transactional volume still comes from:
+ DeFi
+ CEX-related flows
+ MEV
Together, these three alone account for ~$10 TRILLION in YTD activity.
Now look at what isn’t built out yet... Payments that's processed just ~$68B.
That’s tiny relative to the rest and that’s exactly the point.
When payments move from $68B → trillions, the activity changes entirely.
Data: @artemis