$HIVE
/USDT Technical Analysis ๐ฏ
๐ Current Price: $0.5623 (+16.11%)
๐ Trend: Bullish momentum with increased volume, signaling strong buyer interest.
Targets to Watch:
๐ฏ Target 1: $0.6000
A psychological resistance level. Breaking above could confirm the uptrend and attract more buyers.
๐ฏ Target 2: $0.6500
A key resistance zone tested multiple times in recent trading. Surpassing this could indicate stronger bullish momentum.
๐ฏ Target 3: $0.7000
The ultimate breakout level for now. A move beyond this could lead to new highs, supported by increased market activity.
Support Levels:
$0.5500: Immediate support if the price pulls back.
$0.5000: Strong support to prevent further downside.
Indicators:
๐ RSI: Approaching overbought, watch for potential pullbacks.
๐ฅ Volume: 24h trading volume remains high, confirming current movement.
Whatโs your next move? Target the breakout or wait for a dip?