💥 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
The 20% APR activity for USD1 stablecoin wealth management will end tomorrow. Based on a principal of $50,000, the interest income for this month can reach $822, which is quite good.
But the underlying logic is clear—after the wealth management product matures, a large amount of funds may flow out, which is not very friendly to the stablecoin ecosystem. Therefore, WLFI chose seamless integration and launched a new USD1 holding subsidy plan just before the event ends. This move is actually quite common, as it can both stabilize existing users and attract new ones, achieving two goals with one move. If you want to see the details of the new activity, the official has already released specific instructions.