💥 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
Analysts: Tariff-driven inflation is expected to continue spreading; the Federal Reserve is projected to cut interest rates twice this year.
Citing Jinshi, Stephen Douglass of NISA Investment Advisors said that roughly one-third of tariff-related inflation pressures are likely to gradually pass through to the broader economy in the coming months. He expects goods inflation to fall below zero in the second half of the year, creating room for the Federal Reserve to continue easing later than the market expects, with one rate cut in September and another in December.
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