💥 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
Over the past 30 days, @BNBCHAIN ranks 4th by fees generated.
This despite slashing their gas fees by 20x since the start of 2025. By moving from 1 Gwei to just 0.05 Gwei, the network has brought the cost of a single transaction down to about $0.005.
Lowering costs usually means less revenue, but the chain is seeing so much use, with daily transactions often topping 17 million, that it still holds a spot among the top fee earners in crypto.