🚀 $HIVE /USDT Technical Analysis 🚀
Current Price: $0.3478 (+45.16% in 24h)
Timeframe: 30m Chart on Binance
$HIVE has shown strong bullish momentum, reaching its 24h high of $0.4048 before consolidating near $0.3478. With a 46.42% surge today, the token is gaining significant trading volume and market attention.
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Key Levels and Targets
1️⃣ Immediate Resistance: $0.3800
A breakout above this level could reignite bullish momentum, targeting higher levels.
2️⃣ Next Target Zone: $0.4200
This area aligns with recent highs and may act as a short-term target if the rally continues.
3️⃣ Long-term Target: $0.5000
Psychological resistance and a strong milestone for further uptrend confirmation.
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Trading Strategy
Short-term traders: Consider partial profit booking near $0.3800 and $0.4200.
Long-term investors: Watch for a breakout above $0.4200 to confirm further upside potential.
📌 Support Levels:
Strong support at $0.3400. A break below may test $0.3000.
Recommendation
Stay alert to price action and adjust stop-loss levels to secure gains as the price advances.