💥 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 UK FCA (Financial Conduct Authority) has initiated legal proceedings
on the grounds of illegal marketing of crypto services.
Publishing illegal marketing content on platforms such as TikTok, X, Facebook, Instagram, and YouTube.
Despite previous warnings, the violations have not ceased.
Currently, the FCA has requested social media platforms to block accounts targeting UK users and has asked Apple and Google app stores to remove the applications.
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