$HIVE /USDT Technical Analysis

HIVE/USDT is trading at $0.4867, up an impressive 47.17% in the last 24 hours, after reaching a high of $0.4950. This sharp rally broke through significant resistance levels, backed by a trading volume of 188.07M, signaling strong bullish momentum.

Trade Setup:

Long Entry: Above $0.4950

Targets: $0.5200 and $0.5500

Stop Loss: $0.4700

Short Entry: Below $0.4700

Targets: $0.4400 and $0.4100

With the current breakout, maintaining levels above $0.4950 is critical for further upward momentum. A failure to hold these levels could result in a corrective pullback. Monitor closely for volume confirmation to act on the next move.