$HIVE

Bullish Momentum Confirm Ready For gain More 🔥💯🔥🎯

Current Price: $0.3424 (+38.12% over 24 hours)

24h High: $0.3621

24h Low: $0.2341

24h Volume (HIVE): 61.29M

24h Volume (USDT): 19.03M

The most recent 30-minute interval on Binance shows a slight decline:

Price: $0.3368 (-2.80%)

Trade Strategy for HIV/USDT

Trade Setup

Entry Zone: $0.3360–$0.3400 (current support area after the recent pullback).

Stop Loss: $0.3200 (below the 24-hour low of $0.2341, providing a cushion against sharp declines).

Targets 🎯

1. Target 1 (T1): $0.3500

Reason: Near-term resistance level based on recent price action.

Strategy: Secure partial profits (~30%) when price reaches T1.

2. Target 2 (T2): $0.3600

Reason: Close to the 24-hour high of $0.3621, a key resistance level.

Strategy: Take another portion of profits (~40%) at T2.

3. Target 3 (T3): $0.3700

Reason: Anticipated breakout above $0.3621 if the bullish trend continues.

Strategy: Exit remaining position (~30%) at T3.

Technical Indicators for Confirmation

Bollinger Bands:

Watch for a potential bounce off the lower band for entry and approach the upper band to consider taking profits.

RSI:

Ensure RSI stays below 70 when entering to avoid overbought conditions. If RSI exceeds 70 approaching T2/T3, consider profit-taking.

MACD:

Look for a bullish crossover (MACD line crossing above the Signal line) to confirm a buying signal.

Risk Management

Risk-to-Reward Ratio: Minimum 1:3 for each target level.

Position Sizing: Limit exposure, as the asset is volatile, using 2-5% of your capital.

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