HIVE/USDT: Target Achieved & Next Moves đ
Current Price Action:
HIVE is trading at $0.3751, up +51.82% in the last 24 hours. A significant breakout from consolidation has driven the price into a strong upward trend.
Key Levels & Targets:
1ïžâŁ First Target: $0.3600 â (Achieved)
2ïžâŁ Second Target: $0.4000 (Next Resistance)
3ïžâŁ Third Target: $0.4500 (Potential Upside)
Technical Insights:
Breakout Confirmation: A solid breakout above $0.3000, forming strong bullish momentum.
Volume Surge: 24h volume of 132.95M highlights growing interest in HIVE.
Indicators: Momentum indicators (RSI and MACD) suggest the rally may extend further, with caution advised near $0.4000 resistance.
Strategy:
Short-Term Traders: Consider taking partial profits near $0.4000 and trail your stop loss to lock gains.
Long-Term Holders: Hold for potential upside towards $0.4500, but manage risk below $0.3400.
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