$HIVE /USDT Analysis ššÆ
Current Price: $0.4183
$HIVE is exhibiting strong bullish momentum, reclaiming key support at $0.4000. The price is consolidating below the resistance at $0.4400, signaling a potential breakout in either direction.
Trade Setup:
Long Entry: Above $0.4400, with targets at $0.4550, $0.4700, and $0.4850.
Stop Loss: $0.4000.
Short Entry: Below $0.4000, with targets at $0.3800, $0.3600, and $0.3400.
Stop Loss: $0.4400.
Key Points:
A breakout above $0.4400 confirms bullish continuation, potentially leading to new highs.
A failure to hold $0.4000 could result in a bearish pullback.
Watch volume levels closely for confirmation of the move.
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