🚀 $HIVE /USD: TESTING KEY LEVELS – WATCH FOR A MOVE! ⚡
The $HIVE /USD pair is currently trading at 0.6350, positioned near critical support and resistance zones. A decisive breakout could pave the way for significant price action, so traders should remain attentive.
📊 Trade Scenarios:
Entry Point: 0.6350
Take Profit (TP) 1: 0.6500
Take Profit (TP 2): 0.6750
Take Profit (TP 3): 0.7000
Stop Loss (SL): 0.6150
Support is located at 0.6150, while resistance is at 0.6500. A breakout above 0.6500 could drive the price toward 0.6750 and 0.7000. A drop below 0.6150 may signal bearish retracement.
📉 Market Outlook:
HIVE/USD is currently holding above the support zone at 0.6150. If the price sustains this level, there’s potential for a bullish move toward 0.6500 and beyond. A breakout above 0.6500 would confirm upward momentum, while a drop below 0.6150 could indicate further downside.
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