$HIVE /USDT - Surging Momentum

Current Price: $0.4422 (+29.41%)

24H High: $0.4755

24H Low: $0.3241

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Key Levels to Watch:

Support: $0.4200

Resistance: $0.4750

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Market Overview:

$HIVE has surged by over 29% in the last 24 hours, with strong bullish momentum pushing it to a high of $0.4755. The significant increase in trading volume suggests heightened trader interest, signaling a potential continuation of the rally if key resistance levels are broken.

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Trading Strategy:

For Long Positions:

Entry Zone: $0.4300 - $0.4500

Target 1: $0.4750

Target 2: $0.5000

Stop Loss: $0.4150

For Short Positions:

Entry Zone: $0.4700 - $0.4800

Target 1: $0.4400

Target 2: $0.4200

Stop Loss: $0.4900

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Observation:

$HIVE is riding a strong uptrend, with bullish indicators suggesting a potential test of the $0.50 psychological level. However, traders should watch for pullbacks near $0.4200 if momentum weakens.

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