HIVE two weeks ago formed a doji at the ascending support level, and this pattern reveals a lot of insights. The price was pushed down by sellers to touch the support, but buyers stubbornly absorbed the sell-off — this is the story behind the doji: the market is hesitating, and selling pressure has clearly slowed down.

More importantly, the placement of this doji is very deliberate. It did not break the support, indicating that the bulls are holding the line quite firmly at this support level. The previous wave of selling momentum has also noticeably weakened, and buying interest is starting to surface. This kind of balance often signals either a buildup for a move or that an uptrend is being confirmed. From the pattern, the selling power is weakening, and the bulls' defense is holding steady. The next move depends on whether this equilibrium can be broken.