$HIVE

Hive (HIVE) /USDT Analysis – Current Price: 0.4197 USDT

Hive (HIVE) is currently testing critical support and resistance zones at 0.4000 and 0.4300 USDT, with the price at 0.4197. A breakout above 0.4300 could target the 0.4600 resistance, signaling a bullish continuation. Conversely, a drop below 0.4000 would open up the potential for further declines towards 0.3800 USDT.

Support: The immediate support is at 0.4000 USDT, providing a strong base for potential buyers.

Resistance: Watch for a break above 0.4300 USDT to confirm a bullish move.

Entry Strategy:

Long Entry: Consider entering long positions near 0.4000–0.4100 with targets at 0.4300 and 0.4600.

Short Entry: A break below 0.4000 could trigger a short position targeting 0.3800.

With HIVE showing consolidation between these key levels, this is a critical moment for traders to either ride a breakout or protect against a downside move.

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