$HIVE is currently trading around 0.1077 USDT, showing steady activity with a +1.13% move in the last 24 hours. After a sharp dip toward the 0.1063–0.1065 area, price has reacted with a clear bounce, suggesting buyers are defending this zone.
On the 1H timeframe, the structure shows short-term consolidation after the bounce, with bullish candles appearing from local support. This indicates momentum is slowly shifting back in favor of the bulls. Volume expansion near resistance will be the key confirmation for continuation.
Trade Setup (Short-Term)
Entry Zone:
0.1068 – 0.1075
Target 1:
0.1090 (near-term resistance)
Target 2:
0.1115 (24h high / breakout area)
Target 3:
0.1150 (extended move if momentum accelerates)
Stop Loss:
0.1058 (below recent swing low and support)
Market Outlook
The 0.1060–0.1065 zone is acting as a strong demand area.
A clean break and hold above 0.1090 with volume can trigger a sharper upside move.
Failure to hold above 0.1060 would invalidate the bullish setup and shift bias back to consolidation or downside.
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