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$HIVE ๐ฏ๐ค๐ฐ๐ฅ๐ฅ๐ฅ
/USDT Technical Analysis: Key Levels to Watch
The HIVE/USDT pair is currently trading at $0.3510, marking a 16.23% drop in the last 24 hours. This significant decrease has brought the price closer to the 24h low of $0.3505, with the 24h high reaching $0.4423.
Hourly Movement Overview:
Current Price: $0.3510
Price Change (1h): -0.65% (-$0.0023)
Support Zone: $0.3400
Resistance Zone: $0.3600
Whatโs Happening Now?
In the last hour, HIVE/USDT has shown a small decline of 0.65%, indicating potential short-term volatility. If the price holds above the $0.3500 support level, there could be a chance for a recovery towards $0.3600. However, if the price continues to break below $0.3500, a deeper correction towards $0.3400 might be in play.
What to Watch:
Volume: The 24h volume shows strong activity with 103.21M HIVE and 40.61M USDT, suggesting active market participation.
Trend: The pair is currently in a short-term downward trend, so potential traders should be cautious of further downside movement.
Stay updated on the market trends and adjust your positions accordingly!
This post delivers concise technical insights while keeping it engaging for Binance's community.