$HIVE 🦅🦅🦅
#CardanoFoundationHack #FanTokensRise
➡️HIVE has surged by 17.30% over the last 24 hours, signaling strong bullish momentum. 🚀
The price is near a key resistance level at $0.4187. If the price breaks above this resistance, there could be more upside potential. On the downside, $0.3156 serves as a significant support level. The Parabolic SAR indicator also supports the bullish trend, indicating that the price might continue rising if it can sustain above $0.3723.
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Trading Plan
1. Entry:
Buy Zone: Look for buying opportunities if the price breaks above $0.4187 or retraces to around $0.3723 with a potential bounce.
2. Targets:
Target 1: $0.42 (next immediate resistance)
Target 2: $0.45 (higher resistance)
3. Stop Loss:
Set stop loss below $0.3156, near the support zone.
4. Strategy:
Breakout Play: If the price breaks above $0.4187, enter long and target $0.42 or $0.45.
Pullback Play: If price retraces towards $0.3723 and shows signs of bouncing, enter with a stop below $0.3156.
Always Do your own research 💯