$HIVE /USDT Poised for a Breakout: Key Levels to Watch! 🚀💹
$HIVE is currently trading at $0.5378, showing a -4.71% dip in the last session. Despite this pullback, the price action suggests a possible rebound as it stabilizes near critical support zones, setting the stage for a bullish recovery.
The 30-minute chart indicates a consolidation phase, with prices forming a solid base around $0.5300. A breakout above $0.5400 could trigger significant upward momentum, with potential targets of $0.5500 and $0.5600.
Trading Plan
Entry: Enter near $0.5378 on signs of a rebound.
Target 1: $0.5500
Target 2: $0.5600
Stop-Loss: $0.5200
Key Levels to Watch
Support: $0.5300 – This zone provides a critical floor for price stability.
Resistance: $0.5400 – A breakout here could be the catalyst for the next leg higher.
Momentum is building, and $HIVE appears primed for a potential breakout. Keep a close eye on price action and volume, as this could be the opportunity for short-term gains!
