🚀 $HIVE /USD: CONSOLIDATION NEAR SUPPORT, BULLS PREPARING FOR A RALLY! 🔥
The $HIVE /USD pair is trading at $0.4850, holding steady near its support zone. The market shows signs of bullish activity, indicating potential for an upward move as buyers regain confidence.
Key Levels to Watch:
Current Price: $0.4850
Support Level: $0.4700
Resistance Levels:
TP 1: $0.5000
TP 2: $0.5200
TP 3: $0.5500
Stop Loss (SL): $0.4600
Trade Setup: A breakout above $0.5000 could push $HIVE/USD toward $0.5200 and $0.5500. Place a stop loss at $0.4600 to manage risks effectively in case of a downturn.
Market Outlook: $HIVE/USD is consolidating near support, signaling potential for a bullish breakout. Traders should watch for sustained buying momentum to confirm the move and adjust positions accordingly.
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