🧩 Current Situation:
The price is trading at 0.2167 USDT.
We are witnessing more than one Break of Structure (BoS) in the upward direction.
There is an ascending trend that has been respected multiple times.
The price is currently trading at a small strong support area (light green box).
🟢 Positive Points:
The price is still above the ascending trend line.
Support at 0.214 - 0.215 supports a potential bounce.
BoS confirms buyers' control recently.
🔴 Negative Points:
There is a descending trend line (resistance trend) pressuring the price from above.
Failure of the price to break the 0.220 - 0.222 area may lead to a drop towards 0.2076 or 0.2062.
✅ Positive Scenario:
If 0.222 is broken with a strong candle, we may see a rise towards 0.230 or higher.
Buying is possible from support with a stop loss below 0.213.
❌ Negative Scenario:
A clear break of the ascending trend line and support at 0.213 may open the door for a drop towards 0.2076 or even 0.20.
⁉️ Question for followers:
> Do you think HIVE will succeed in breaking resistance and continue its rise? Or will sellers regain control? 🤔
Share your opinion👇
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