💥 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
Core employment data from the United States will be disclosed today at 21:30!
🔥September unemployment rate: Previous value 4.3%, market expectations unchanged, labor market resilience becomes the core focus;
🔥September seasonally adjusted non-farm payroll: Previous value 22,000, expected to rise to 50,000, can it improve the previous weak trend?
🔥For the week ending November 15, initial jobless claims are expected to be 230,000. The first data of the new cycle will reflect the health of the job market.
The above key economic indicators will directly impact the market expectations of the Federal Reserve's monetary policy, and the market may experience significant fluctuations tonight!
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