$HIVE : Strong Rally with Bullish Momentum!

$HIVE has surged by 29.40%, currently trading at $0.4494, following a sharp breakout to a high of $0.4755. The significant price action reflects robust bullish sentiment, with strong volume support as the market witnesses heightened trading activity.

The current price structure indicates that bulls are in control, with $0.4494 acting as a consolidation zone. Immediate resistance lies at $0.4755, and a breakout above this level could propel HIVE toward the psychological mark of $0.5000. On the downside, support levels to watch are $0.4200 and $0.4000.

For traders, this consolidation phase may present an opportunity to enter the trend. Look for a clear breakout above $0.4755 to confirm continuation, while managing risk with stop-losses below key support. HIVE’s strong momentum makes it a token to watch closely in the coming sessions.

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