$HIVE /USDT Technical Analysis and Trade Signal

Current Market Price (CMP): $0.4995

Trend: Strong bullish momentum (+35.62% in 24h)

Support Levels: $0.4500, $0.4200

Resistance Levels: $0.5238, $0.5500

Technical Indicators

RSI (14): 74 (Overbought, but still strong)

MACD: Bullish crossover above the signal line.

Volume: Increasing, indicating sustained buying pressure.

Trade Momentum

Short-Term Momentum: Bullish

Medium-Term Momentum: Bullish continuation if volume sustains.

Risk Level: Moderate (Volatility is high).

Trade Signal

Entry Zone:

Buy: $0.4800–$0.5000 (On slight retracement)

Targets 🎯:

1. Target 1: $0.5230 (Near recent high)

2. Target 2: $0.5500

3. Target 3: $0.5800

Stop-Loss:

$0.4500 (Below key support)

Trade Strategy

Aggressive Traders: Enter now to capitalize on momentum.

Conservative Traders: Wait for a pullback near $0.4800.

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