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HUT 8 Mining Corp just delivered a solid rally, but here's where things get interesting—the token has now reached the 0.886 logarithmic Fibonacci level, where it's meeting a bearish order block resistance zone. This confluence marks a critical juncture for the miners' token.
This resistance level isn't arbitrary. When you combine Fibonacci retracement with order block analysis, you're essentially identifying where institutional selling pressure historically builds up. The 0.886 log Fib is textbook—it's where price typically encounters real friction.
For HUT holders and traders, this is the final resistance to watch right now. Break above it convincingly, and we're looking at a different narrative. Hold below it, and expect pullback pressure. The technicals are screaming that this level matters.