$HIVE /USDT Technical Analysis
Current Price: $0.3552 (+9.12%)
24H Range: $0.2889 - $0.3989
Volume: 153.59M HIVE
Key Insights:
$HIVE /USDT has shown a strong upward momentum, recovering from $0.3200 and testing the $0.3600 resistance level.
The price remains volatile, suggesting a potential breakout if momentum sustains.
🎯 Targets:
1. Target 1: $0.3700
Rationale: Immediate resistance zone, likely to be tested with current bullish momentum.
Action: Consider partial profit-taking.
2. Target 2: $0.4000
Rationale: Key psychological level and 24H high.
Action: Hold positions above $0.3700 for further gains.
3. Target 3: $0.4200
Rationale: Significant breakout level, representing strong bullish potential.
Action: Full profit-taking advised.
🔑 Strategy:
Stop Loss: Place below $0.3400 to manage downside risk.
Indicators to Watch: Monitor RSI for overbought signals and volume for confirmation of a breakout above $0.3600.
