💥 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
Aave Labs recently proposed a governance proposal to designate Aave V4 as the core foundation for future development, with all revenue to be remitted to the Aave DAO treasury. At the same time, a development budget mechanism and brand protection plan will be established to promote strategic growth. Aave holds approximately 60% of the market share in decentralized lending and still has significant growth potential.