💥 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
Elon Musk's push for satellite internet service Starlink has revealed a divergence of opinions between tech entrepreneur Musk and Michael O'Leary, CEO of the airline industry giant Ryanair. This is a structural conflict between Musk's business expansion strategy, backed by his assets, and the management philosophy of low-cost carriers.
Musk's camp claims that the negative impact on fuel consumption from installing Starlink satellite antennas is negligible. Meanwhile, O'Leary points out that the high installation costs and limited customer interest pose significant management challenges. During this debate, there were joking rumors about Musk considering acquiring Ryanair. However, legal ownership restrictions and massive financial investments are the real hurdles to such ambitious business integrations.