💥 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
Federal #Interest_rate cuts are coming!
It shows a 100% probability of a 25 basis points interest rate cut at the meeting on October 29.
As markets expect another cut of 25 basis points by December, with a 6% chance of a 50 basis point cut. This could be the catalyst that changes the market direction. Federal interest rate cuts are coming!
The CME Fed Watch tool shows a 100% probability of a 25 basis point rate cut at the meeting on October 29.
As markets expect another cut of 25 basis points by December, with a 6% chance of a 50 basis point cut. This could be the catalyst that changes the market direction.
#Can_only_be_tolerated
$BTC
#FedCutsRatesBy25Bps