Technical Analysis for $HIVE /USDT:

Current Price: $0.363 (+11.56% in 24 hours)

Trend: Bullish

The price has shown a significant upward movement, indicating strong bullish momentum over the past 24 hours.

Support Levels:

First Support: $0.3179 (24h Low)

Second Support: $0.3378 (Depth Low)

Resistance Levels:

First Resistance: $0.3913 (Depth High)

Second Resistance: $0.3989 (24h High)

SAR Indicator: 0.3736, indicating potential for a reversal if the price moves below this level.

Price Action: Price has shown significant bullish movement after a retracement at $0.3378 and could target higher levels if momentum continues.

Trade Signal:

Buy Signal: Enter long positions around $0.363 or slightly lower with confirmation of price maintaining above $0.3500.

Momentum: Strong bullish momentum with a rising trend, supported by positive price action and volume.

Target Levels (🎯):

1. First Target: $0.3913 (Resistance)

2. Second Target: $0.3989 (24h High)

3. Third Target: $0.4200 (psychological resistance level)

Trade Momentum:

Momentum: Positive with a +11.56% price increase in the last 24 hours.

Suggested Stop Loss: Place stop-loss orders just below $0.3378 to limit downside risk.

This technical setup suggests a bullish short-term trend with potential for further upward movement, but traders should monitor for any retracements.

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$HIVE