$HIVE
$HIVE is currently trading at $0.3597, up 1.58% in the last 24 hours. The price is consolidating within a range after a recent pullback, with immediate resistance at $0.3700 and support at $0.3500. This phase could set the stage for the next significant move.
Key Levels:
Resistance: $0.3700
Support: $0.3500
Potential Scenarios:
A breakout above $0.3700 could push HIVE toward $0.3900 and possibly $0.4100.
A breakdown below $0.3500 might lead to a retest of $0.3400.
Trading Strategy:
Long Entry: Above $0.3700 with targets at $0.3900 and $0.4100.
Short Entry: Below $0.3500 with a target of $0.3400.
Stop Loss: Tighten below $0.3500 for long positions or above $0.3700 for short positions.
HIVE's consolidation signals a potential breakout. Monitor closely for volume and momentum confirmation.