Trading Signal Alert: $HIVE /USDT
$HIVE /USDT has been experiencing a volatile price action in recent hours, with a significant surge followed by a sharp correction. The current price is around $0.6403, down slightly from the 24-hour high of $0.6849.
Entry Price: $0.6403 (current price)
Resistance Levels: $0.6849 (24-hour high) and $0.7500 (psychological level)
Support Levels: $0.6000 and $0.5500
Take Profit Targets:
* $0.6849 (reclaiming 24-hour high)
* $0.7000 (intermediate target)
* $0.7500 (aggressive target)
Stop Loss: $0.5800 (below recent swing low)
Caution: Traders should watch for stability in the price action before entering trades. A breakout above $0.6849 could signal further upward momentum, while a break below $0.6000 could indicate a potential reversal.