2026-01-12 05:25:55

HIVE pulled back to the $3 level after hitting nearly $8 not long ago. The question is whether this support will hold or if selling pressure continues to mount. What's the market sentiment—is this a healthy consolidation before the next leg up, or are we looking at a breakdown scenario? The range between $3 and $8 tells an interesting story about buyer and seller dynamics.

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SerumDegen

· 01-12 05:55

$3 support sounds like cope honestly... that $8 dump already told me everything i need to know about market structure. watching for cascade effects if this breaks, not consolidation vibes rn

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TokenVelocity

· 01-12 05:49

Three cuts remove 62%, is this what they call a "healthy consolidation"? Laughing out loud, they're just trying to trick retail investors into buying the dip again.

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PonziWhisperer

· 01-12 05:49

Hey, if $3 can't hold, it's over...

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MoonRocketman

· 01-12 05:30

Can the $3 gravity resistance level hold? It depends on whether the RSI has rebounded from the oversold area... According to Fibonacci retracement, the range from $3 to $8 aligns with the upward trend channel, with a breakout probability of no more than 35%.

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AirdropJunkie

· 01-12 05:26

Haha, if $3 can't hold up, I might as well go see the devil directly.

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