💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Supply Deficit Enters Year Six
The Silver Institute released its 2026 outlook this week, confirming that the global market is facing its sixth consecutive annual supply deficit. The shortfall is projected to reach 67 million ounces this year. While supply is expected to grow slightly (1.5%), it simply isn't keeping pace with the combined needs of investors and industrial tech.
3. Industrial Demand vs. "Sticker Shock"
Silver's dual role is creating a split in the market:
Green Tech Boom: Demand for silver in Solar PV (expected to reach 665 GW capacity this year) and EVs remains a "structural anchor."
Jewelry Slump: High prices are finally biting. Silver jewelry demand is forecast to drop 9% this year, hitting its lowest level since 2020 as consumers in key markets like India balk at the record costs.$XAG #GateSquare$50KRedPacketGiveaway