$HIVE /USDT – Bounce Incoming or Just Noise?
Current Price: $0.2711 (-0.55%)
After dipping to $0.2663, $HIVE is attempting a short-term bounce. The structure remains choppy, but traders are eyeing key intraday levels for scalp potential.
📊 Trade Setup:
Entry Zone: $0.2700 – $0.2720
TP1: $0.2755
TP2: $0.2790
TP3: $0.2825
Stop Loss: $0.2660
📌 Key Levels:
Support: $0.2660
Resistance: $0.2800
📉 Market Insight:
The lower time frame is trying to form a base. If the price holds above $0.2700 with increased volume, a quick move to $0.2790 is likely. However, failure at support could send it back to retest $0.2660 or lower.
💡 Pro Tip:
Avoid entries unless you see bullish engulfing or strong green candles near the entry zone. Volume is the confirming factor here.
Will HIVE light up or get smothered by resistance? Watch closely!
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