🚀 $HIVE /USDT Breakout Alert: Bulls in Control! 🚀
$HIVE /USDT has surged by an impressive 32.33%, breaking resistance levels and catching the attention of traders. Currently trading at $0.4854, the coin has already hit a 24H high of $0.5238. With strong volume backing this rally, the bulls seem to have taken over.
Let’s dive into the key levels and targets to watch for:
Current Market Data:
24H High: $0.5238
24H Low: $0.3650
Volume (USDT): $57.12M
Technical Overview & Targets
1. Immediate Resistance: $0.5238
The coin has already touched this level, which now acts as the first target for bulls. A decisive break could trigger further gains.
2. Target 1: $0.5500
If momentum continues, $HIVE could test the psychological $0.5500 level, marking a significant milestone.
3. Target 2: $0.6000
Sustained buying pressure could propel the price to $0.6000, making it a major profit-taking zone for short-term traders.
4. Target 3: $0.6500
In the case of a strong continuation, HIVE may look to test $0.6500, signaling a new bullish wave.
Support Levels
Immediate Support: $0.4697
Key Support: $0.4400
In case of a pullback, these levels could offer opportunities for long entries or consolidation before the next upward move.
Market Sentiment
The volume surge indicates strong market interest.
MACD and RSI suggest a bullish outlook, but traders should watch for overbought signals.
💡 Pro Tip: Always secure partial profits as targets are achieved and adjust your stop loss to lock in gains. The crypto market can be volatile, so trade wisely!