WHAT TO BUY NOW

HIVE/USDT is trading at approximately $0.3244, reflecting a 3.68% increase over the previous close.

Key Levels:

Resistance Levels:

$0.3539: Intraday high; a breakout above this could signal further bullish momentum.

$0.4048: Recent high; surpassing this may indicate a strong upward trend.

Support Levels:

$0.3129: Intraday low; a drop below may suggest bearish pressure.

$0.2341: 24-hour low; serves as a significant support zone.

Trade Setup:

Entry Point: Consider entering around $0.3250, aligning with current market conditions.

Take-Profit Targets:

1. $0.3539

2. $0.4048

3. $0.4500

Stop-Loss: Set at $0.3120 to manage downside risk.

Technical Indicators:

Relative Strength Index (RSI): Currently neutral, suggesting balanced buying and selling pressures.

Moving Averages (MA): Short-term MAs indicate bullish signals, supporting the upward trend.

Market Sentiment:

Recent analyses highlight HIVE's potential for a bullish move from its current support levels, with targets around $0.4048 and higher.

Recommendation:

Monitor HIVE's price action around the identified support and resistance levels. A confirmed breakout above $0.3539, accompanied by increased volume, could validate the bullish setup. Conversely, a decline below $0.3120 may necessitate reassessment of the trade.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making trading decisions.