$HIVE /USDT - Bull Run in Progress!🔥💯
The market momentum for HIVE/USDT has taken off, with a remarkable +55.05% surge in the last 24 hours. The breakout from the downtrend has been confirmed with strong bullish candlesticks on the 4H timeframe, signaling a rally backed by high volume.
Key Levels to Watch:
• Current Price: $0.3729
• Immediate Target: $0.4000 (psychological resistance)
• Extended Target: $0.4400
• Stop Loss: $0.3300 (below the breakout zone)
Analysis:
The breakout above $0.3500 marks a significant shift in trend. If buying pressure sustains, HIVE could aim for the $0.4400 level. However, partial profit-taking at $0.4000 is advisable to secure gains while riding the momentum.
Strategy: Traders are encouraged to manage risk with a well-placed stop loss and take partial profits as targets are hit. The breakout aligns with broader bullish sentiment, making this an excellent opportunity for both short-term gains and long-term accumulation.
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