๐ $HIVE : Explosive BreakoutโWhat's Next? ๐
๐ Current Price: $0.3763 (+52.47%)
$HIVE has experienced a massive surge, rallying from a low of $0.2341 to a high of $0.3809, indicating significant bullish momentum.
๐ Trading Plan:
Signal: Long (Momentum Play)
Entry Zone: $0.3700 - $0.3760
Target 1 (TP1): $0.4000
Target 2 (TP2): $0.4200
Stop Loss (SL): $0.3500
๐ฅ Key Insights:
1๏ธโฃ Strong breakout with over 50% gains in a single session highlights significant buying interest.
2๏ธโฃ Resistance at $0.3809 is being tested; a clean breakout could send HIVE toward $0.4000+.
3๏ธโฃ Momentum indicators are bullish, but caution is warranted as volatility is high.
๐ก Pro Tips:
Partial Profit Strategy: Lock in gains near $0.4000 and ride the wave to $0.4200.
Risk Management: Tighten stop-loss to minimize downside in case of a reversal.
Monitor the volumeโsustained buying pressure will be key for further upside.
๐ "Momentum is kingโride the trend but always protect your capital!"
