š $HIVE /USDT ā Breakout Watch! Fresh Bullish Momentum Building! š„š
$HIVE is showing signs of a fresh breakout after breaking above its recent range highs. The price has surged to $0.2185 from a clean bounce off the $0.2048 support, signaling renewed buyer strength following a tight consolidation phase. Momentum is heating up, and eyes are now on the next resistance zones.
š Current Price: $0.2176 (+6.30%)
24h High: $0.2185
24h Low: $0.2073
š Key Levels to Watch:
Immediate Support: $0.2130
Breakout Zone: $0.2100
Resistance Ahead: $0.2210 and $0.2280
š Trade Setup: ⢠Entry Zone: $0.2140 ā $0.2180
⢠Target 1 (TP1): $0.2210
⢠Target 2 (TP2): $0.2280
⢠Stop Loss (SL): $0.2090
ā” Technical View:
Bullish structure forming with higher lows and volume-backed breakout above $0.2100. A decisive move above $0.2185 could open doors for continuation toward mid-term resistance zones.
š” Risk Note:
If price dips below $0.2090, bullish bias weakens ā respect SL and manage size carefully.
š Strategy Breakdown:
This is a range breakout setup after accumulation. Entry near support-turned-resistance allows traders to ride early momentum with low risk and defined targets.
š¢ Follow @bullishbanteer for more real-time trade ideas and momentum-driven setups! š¹