💥 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
Walsh Seen as a Key Figure in Interest Rate Cut Strategy
In recent developments, President Trump has expressed his confidence that Walsh has a deep understanding of his economic vision, particularly regarding the target of lowering interest rates. According to ChainCatcher, Trump explicitly stated that Walsh is his preferred choice for a candidate aligned with his preference for more accommodative monetary policy.
Trump also issued a clear warning that candidates for the position must align with the policy direction he desires. If there are indications that Walsh or other candidates tend to support monetary tightening or rate hikes, they will not be considered for the position. This demonstrates Trump's firm stance in shaping a cohesive team that supports his economic vision.