🚨 $HIVE Showing Pressure at Resistance

$HIVE made a sharp recovery from the 0.0460 support zone, but now price is approaching a key resistance area around 0.0530–0.0540.

The latest candle shows strong buying momentum, however sellers are likely to defend this zone after the recent pump. A rejection here could trigger a short-term pullback before the next move.

Bearish Scenario Entry: 0.0525 - 0.0538

SL: 0.0550

TP1: 0.0500

TP2: 0.0480

TP3: 0.0465

Bullish Invalidation: A clean 4H close above 0.0540 could open the door for further upside toward 0.0560+.

Facing pressure at resistance, watch the next candle carefully before chasing the move.

Sell and Trade $HIVE

HIVE
HIVEUSDT
0.04887
-2.35%