Analysis of $HIVE /USDT Chart:
Current Price & Change:
The current price is $0.2747, up +18.71% in the last 24 hours.
The recent 4-hour candle shows a strong bullish spike.
Technical Indicators & Trend:
The sudden price surge suggests FOMO buying or a breakout.
The resistance at $0.2929 is crucial; breaking it could push HIVE higher.
If it fails to sustain above $0.27-$0.28, it may pull back to $0.24-$0.25.
Prediction – Will HIVE Rise or Fall?
Bullish Case (Uptrend Continuation):
If HIVE breaks above $0.2929 with strong volume, it may test $0.32 or higher.
Positive momentum and high trading volume favor further upside.
Bearish Case (Pullback Expected):
The sudden pump might lead to a retracement.
If price fails to hold $0.27, a drop to $0.24-$0.25 is possible.
Final Verdict:
Short-term: Likely to consolidate or pull back before next move.
Medium-term: Needs to sustain above $0.27-$0.28 for further rally.
If you are trading, watch for a retest before making a decision.
