🔍 HIVE Analysis – Bullish Setup or Resistance Trap? 🔍
🐝 HIVE, a social blockchain altcoin, is showing signs of upward pressure. Traders are watching for a clean breakout above resistance.
📈 Technical Analysis
- Short-term trend: Bullish
- Support: $0.205
- Resistance: $0.215
- Pattern: Ascending triangle on 4H
- Volume: Increasing near resistance
- RSI: Near 60, bullish zone
- Outlook: Bullish if breakout confirms above $0.215
📰 Market Data & News
- Price: $0.2101
- 24h Change: +2.2%
- No major headlines or partnerships reported
🔄 Scenario Breakdown
- Bullish Case: Break above $0.215 with volume could target $0.228
- Bearish Case: Rejection at resistance risks drop to $0.202
- TP/SL Logic: TP at $0.228 / SL at $0.207 for bullish setup
📊 Sentiment Meter
📈 Bullish Momentum – Strong breakout setup, rising volume
⚠️ Risk Level
🟡 Medium – Some signals align, but confirmation needed
💬 Will HIVE break above $0.215 or stall near resistance? Share your take below 👇
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📢 Reminder: This is educational content. No guarantees, no advice—just charts, data, and perspective.
🏷️ #HIVE #TheCryptoMalik