$HIVE /USDT – Breakout Formation Loaded, Buyers Asserting Control 🐝🔥
$HIVE is trading at $0.25433, perched just above the $0.2440 support shelf and consolidating below the $0.2625 resistance trigger.
Price is forming a bullish ascending triangle, with rising demand pushing into a static ceiling—a classic breakout structure signaling incoming expansion.
📊 Technical Thesis: Price action is tightening while RSI trends bullish and OBV (On-Balance Volume) ticks higher.
This is the volatility coil before detonation, typically resolved with explosive directional bias—especially in mid-cap charts like this.
Support: $0.2440
Resistance: $0.2625
🚀 Long Trade Setup:
• Entry Zone: $0.251 – $0.255
• 🎯 TP1: $0.2625
• 🎯 TP2: $0.2728
• 🎯 TP3: $0.2865
• ❌ Stop Loss: $0.2390
💡 Pro Tip: Look for a 1H or 4H candle close above $0.2625 with a volume surge to confirm breakout strength.
If the breakout accelerates, the retest of $0.2625 as support is your golden re-entry.
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