Trade Signal for $HIVE /USDT: Skyrocketing Momentum! 🚀
$HIVE /USDT has experienced an explosive +55.38% gain in the past 24 hours, currently trading at $0.5931 on Binance. It reached a 24-hour high of $0.6849 with strong trading volumes (346.55M HIVE), signaling robust interest. Here's a structured trade setup:
📈 Long Entry:
Entry zone: $0.5800 - $0.6000 (on retracement or consolidation).
Targets: $0.6400, $0.6800, and $0.7000.
Stop-loss: $0.5400 to manage downside risk.
📉 Short Entry:
Entry zone: $0.6800 - $0.6900 (near resistance).
Targets: $0.6000, $0.5500, and $0.5000.
Stop-loss: $0.7100 to limit losses.
⚡ Key Observations: HIVE has gained +79.24% in the last 30 days and an astounding +198.49% over 90 days, reflecting strong upward momentum. Look for sustained moves above $0.6800 or consolidation around $0.5800 to decide next actions.
Stick to your plan, manage risks, and take advantage of this incredible volatility. The market is alive with opportunities!