$HIVE
/USDT Bull Run Momentum Continue Ready For Next Move đ„ đŻ đ
Current Price: $0.3559 (+1.14%)
24h High: $0.3890
24h Low: $0.3411
24h Volume:
HIVE: 56.52 million
USDT: $20.41 million
Technical Analysis (30m Chart)
1. Trend: Consolidating with minor upward bias after testing $0.3411 support.
2. Support Levels:
S1: $0.3500 (psychological support).
S2: $0.3410 (24h low).
3. Resistance Levels:
R1: $0.3600 (immediate resistance).
R2: $0.3750 (near-term resistance).
R3: $0.3890 (24h high).
4. Indicators:
EMA 20: $0.3540 (acting as support).
RSI: 60 (slightly bullish, room to grow).
MACD: Positive divergence, indicating bullish momentum.
đŻ Trade Strategy
Long Setup (Bullish)
Entry:
Conservative: $0.3500 (near EMA support).
Aggressive: $0.3600 (on breakout confirmation).
Stop Loss:
Conservative: $0.3400 (below 24h low).
Aggressive: $0.3480 (tight stop below S1).
Targets:
1. T1: $0.3650 (near R1).
2. T2: $0.3750 (resistance zone).
3. T3: $0.3900 (24h high).
Short Setup (Bearish)
Entry: $0.3600 rejection.
Stop Loss: $0.3650 (above resistance).
Targets:
1. $0.3500 (support zone).
2. $0.3450 (near S2).
Trade Tips
Volume Confirmation: Look for increasing volume on breakout above $0.3600.
Risk-to-Reward: Aim for R:R = 1:2 or better.
Momentum Watching: A move above $0.3600 with strong RSI can lead to a test of $0.3750.
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