$HIVE /USDT: Breaking Boundaries with Momentum
The $HIVE /USDT pair has seen a sharp surge, currently trading at $0.3213, up 29.92% on the 15-minute timeframe. With a 24-hour high of $0.3366 and a low of $0.2341, the pair has broken out of consolidation with strong buying pressure. Key support is identified at $0.3040, while immediate resistance is at $0.3366. A recommended entry near $0.3210 provides a solid risk-reward setup. Target levels are close to capture quick profits: TP1 at $0.3300, TP2 at $0.3360, and TP3 at $0.3450. For risk management, a stop-loss is placed at $0.3000 to mitigate potential downside.
Monitor RSI levels closely as they indicate overbought conditions, suggesting possible short-term retracements. Adjust the stop-loss to breakeven after hitting TP1 to secure profits. This momentumho-driven move offers a prime opportunity for short-term traders looking to capitalize on the breakout.
