Yeah, interesting situation to observe. Not completely sure where did 1030 support number came in. I mean it's a starting price of Hive trading, can it be even considered as support?
because of the HIVE HF24 and its hype.
Just community members hyping mostly, not the investors. Not sure if HF 24 is of any major significance even.
Anyway, if not reversing now, i'll buy in at 500 sats. As ~1670 was supposed to be major support, but it went through it like never happened. My estimate is ~700 sats, before we see any major uptrend or reversal. 1k maybe since i big even.
RE: HIVE Price Analysis (Major Support and Potential Short Trade)