Based on the $HIVE /USDT chart:

1. Current Trend: The price has experienced a sharp upward movement, gaining over 30% in 24 hours. The 15-minute chart shows some retracement, indicating potential profit-taking.

2. Key Levels:

Resistance: $0.5238 (24-hour high).

Support: $0.4500 (previous consolidation zone).

3. Long Entry: A long position can be considered if the price sustains above $0.5000, indicating renewed bullish momentum.

Stop Loss: $0.4800 (below current consolidation).

Target: $0.5400 (next resistance zone).

4. Short Entry: A short position is viable if the price breaks below $0.4700, signaling bearish continuation.

Stop Loss: $0.4900 (above retracement zone).

Target: $0.4300 (near previous support).

5. Caution: This asset is volatile with high trading volume. Use appropriate risk management, as rapid movements can trigger stop losses.

6. Market Sentiment: Watch for news or market updates, as the sharp rise might be linked to fundamental events. Adjust strategies accordingly.

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