💥 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
On February 3rd, the well-known Silicon Valley startup accelerator Y Combinator (YC) will allow startups to raise funds in the form of stablecoins. This is the first time the organization is offering this option to founders. Any startup receiving YC investment can choose to be paid in stablecoins, as they believe stablecoin transfers are faster and cheaper than traditional fiat channels, especially for founders operating across borders.