$HIVE /USDT is on Fire!

The price of $HIVE /USDT has surged 32.75%, currently sitting at $0.4856.

With a 24-hour high of $0.5238 and a low of $0.3656, it's been a thrilling ride for traders.

The 15-minute chart shows a strong bullish momentum, with the 7-day MA at $0.4903, and the 25-day MA at $0.4424, confirming upward movement.

The trading volume is impressive, with 142.78M HIVE traded in the last 24 hours.

What’s Next?

1. Bullish Scenario: If the price breaks $0.49 and sustains above it, the coin may test $0.52 again.

2. Bearish Scenario: A drop below $0.44 could push it toward $0.42, where it might find strong support.

Important Details to Watch:

Volume: High volume indicates strong interest.

Moving Averages (MA): Keep an eye on 7 MA for short-term trends and 99 MA for long-term stability.

Resistance Levels: $0.49, $0.52

Support Levels: $0.44, $0.42

Tip for Traders: Be cautious at resistance levels.

Watch for a breakout or reversal before making your next move.

Always use stop-loss to protect your funds.

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