#HIVE /USDT
Trend: Bullish, but momentum is weakening after a 44% rally.
• Resistance: $0.6849 (recent high).
• Support: $0.55-$0.56 (key zone).
Indicators:
• RSI near overbought (~69), signaling exhaustion.
• MACD flattening, requiring caution.
• Volume declining, suggesting reduced buying pressure.
Outlook: Likely consolidation or retracement before the next move.
• Actionable Insights:
• Bulls: Take partial profits at resistance; re-enter after consolidation.
• Bears: Look for a break below $0.55 before shorting.
• Risk: High leverage increases liquidation risks; manage positions carefully.