$HIVE

/USDT Technical Analysis

📊 Current Price: $0.6300 (+55.56%)

HIVE is gaining strong bullish momentum, positioning itself as one of the top-performing Layer 1 tokens today. Here's a breakdown:

🔹 Resistance Levels:

$0.7000 (Key zone to watch for potential breakout)

🔹 Support Levels:

$0.5500 (Critical support holding the trend intact)

🔹 Trading Insights:

24H High: $0.6849

24H Low: $0.3791

Volume: 299.15M HIVE / 162.42M USDT

Trend Outlook:

HIVE has surged significantly in the last 24 hours, indicating strong buyer interest. However, traders should watch closely for potential profit-taking near the resistance zone of $0.7000. A breakout above this level could signal further upward movement, while failure to hold the $0.5500 support might lead to retracement.

🚀 Opportunities:

Consider short-term scalping or long-term positions if HIVE sustains above $0.6300. Strong community backing and Layer 1 use case could fuel further growth.

Trade HIVE/USDT now on Binance and stay tuned for more updates!

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