$HIVE /USDT: Explosive Breakout Drives Momentum
$HIVE has surged with an impressive 32.40% rally, currently trading at $0.4470 after hitting a 24-hour high of $0.4755. This sharp rise comes after a consolidation phase near $0.3091, marking a powerful breakout driven by strong bullish sentiment. With trading volumes surpassing $146 million in the past 24 hours,
$HIVE has captured significant market attention as a standout Layer-1 performer.
Breaking the resistance at $0.4755 could pave the way for further gains, with $0.50 or higher as the next target. However, traders should approach with caution, as
$HIVE ’s volatility remains high. Key support is at $0.4228, and a dip below this level may lead to a retracement toward $0.3618. The RSI indicates overbought conditions, highlighting the importance of disciplined risk management.
As bulls strive to sustain the rally, all eyes are on HIVE to see if it can maintain its upward momentum.
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