🤑💰🔥🔥🔥
/USDT Technical Analysis: Targeting Key Levels 🚀
The HIVE/USDT pair has been on an impressive upward trajectory, showing a robust +46.95% increase in the last 24 hours. Let’s dive into the chart to explore potential price targets and key levels to watch for continued momentum:
🔹 Current Price: $0.3543
🔹 24h High: $0.4048
🔹 24h Low: $0.2341
Key Targets 🎯
1. $0.4000 - First Resistance Level
After testing the $0.3543 mark, the next key resistance lies at $0.4000. This level has proven to be a critical point in the past and could see strong price action if the bullish trend continues.
2. $0.4200 - Mid-Term Target
A break above $0.4000 opens the path to $0.4200. This level is a key psychological threshold and could act as a major bullish breakout point, especially with increased trading volume.
3. $0.4400 - Next Major Resistance
The $0.4400 region is the next significant resistance area. If HIVE maintains its momentum, this level could be reached, confirming a continuation of the uptrend toward higher values.
📊 Technical Indicators:
24h Volume (HIVE): 185.02M
24h Volume (USDT): 64.73M
Price Action: A solid upward shift, currently maintaining positive momentum.
💡 Strategy: For traders, this is an excellent moment to monitor price action at these key levels, with potential long positions around $0.3500-$0.3600. Stop-loss strategies should be set near the $0.3300 region for risk management.
Stay tuned for further updates on HIVE/USDT and more exciting opportunities in the market!
This technical analysis offers a clear view of the targets and key resistance levels for HIVE/USDT, allowing traders to stay informed.