$HIVE /USDT: Long Signal - Spot and Futures🚀🔥💯
$HIVE /USDT is currently trading at $0.2884, showing a 0.89% decline in the last hour, with a larger 5.30% drop today. However, the price is near a key support level, potentially setting up for a reversal to the upside.
Spot Trading Signal
• Entry Zone: $0.2850 - $0.2880
• Targets:
• $0.2950
• $0.3000
• $0.3050
• Stop Loss: $0.2800
Futures Trading Signal
• Entry Zone: $0.2850 - $0.2880
• Targets:
• $0.2950
• $0.3000
• $0.3050
• Stop Loss: $0.2800
• Leverage: 5x (Moderate Risk)
Market Analysis
• Support: $0.2850 – The price is approaching this level, which has held previously, suggesting it may provide a strong base for a bullish move.
• Resistance: $0.2950 - $0.3000 – A breakout above these levels would likely push the price toward $0.3050.
• Volume: 383.29K HIVE traded in the last hour, indicating moderate trading activity with potential for increased volume in a breakout scenario.
• Trend: Despite recent declines, the price is consolidating near support, indicating a potential reversal if it holds above $0.2850.
Insights
• Watch for confirmation above $0.2880 to confirm the potential for an upward move.
• Set a stop loss at $0.2800 to protect against further downside in case support breaks.
$HIVE /USDT could be set for a reversal, targeting higher resistance levels at $0.2950 and $0.3000.
Follow my predictions — 93% profit guaranteed!
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