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/USDT Technical Analysis 馃幆
HIVE shows remarkable strength, trading at $0.47, up 38.19% in the last 24 hours. The bullish momentum hints at further upside potential. Here are three key targets to watch for:
1锔忊儯 Short-Term Target: $0.50
HIVE is approaching psychological resistance at $0.50. A breakout could spark quick scalping opportunities for short-term traders.
2锔忊儯 Mid-Term Target: $0.56
If momentum sustains, HIVE may retest $0.56, a key level previously tested in market rallies. Indicators suggest rising buying pressure.
3锔忊儯 Long-Term Target: $0.65
A confirmed breakout and strong community support could push HIVE toward $0.65, marking a significant trend reversal.
Support Levels:
Immediate Support: $0.42
Strong Support: $0.38
Monitor the trading volume and RSI for signs of overbought conditions as HIVE approaches these targets. Stay alert for potential pullbacks and manage risks carefully!
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