$HIVE /USDT BULLISH BREAKOUT 🚀
Key Levels:
- Resistance: $0.5238
- Support: $0.4273
- Current Price: $0.4840
Trade Setup:
- Entry: Long at $0.4840
- Target 1 (TP1): $0.5238
- Target 2 (TP2): $0.5500
- Stop Loss (SL): $0.4500
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: 2% of total portfolio
Summary:
We are looking for a long trade on $HIVE/USDT due to a strong bullish breakout above the $0.4500 level, supported by high trading volume. The price has surged by 31.88% in the last 24 hours, indicating strong buying momentum. The next resistance level is at $0.5238, making it a good target for profit-taking. Always use a stop loss to manage risk effectively. 📈📊
Happy Trading! 🚀📈