$HIVE /USDT: Ready for a Breakout – Watch These Targets
Current Price: $0.3330 (+5.48%)
24H High/Low: $0.3692 / $0.3091
24H Volume: 66.31M $HIVE
Price Targets:
1. Target 1: $0.3500
2. Target 2: $0.3650
3. Target 3: $0.3800
Analysis:
Support Level: $0.3250 remains a key support zone, providing a solid base for upward momentum.
Resistance Levels: Initial resistance at $0.3500, with a strong bullish push needed to test $0.3650 and $0.3800.
Trend: HIVE/USDT is forming a bullish pattern with consistent volume increases, signaling potential continuation of upward movement.
Strategy:
Entry Point: Ideal entry near $0.3300 with a tight stop-loss at $0.3200.
Profit Booking: Secure partial profits at $0.3500 and $0.3650 while holding for $0.3800 in case of sustained momentum.
Insights:
$HIVE /USDT is gaining traction, with growing volume indicating strong market interest. Traders should monitor breakout confirmations and volume strength to capitalize on potential gains.
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