🚀 $HIVE 💯💯💯💯💯

HIVE/USDT Technical Analysis: January 2025 🚀

🔍 Current Price: 0.6249 USDT

📈 24h High: 0.6479 USDT | 24h Low: 0.3758 USDT

The HIVE/USDT pair has shown strong bullish momentum recently, experiencing a 65.58% increase. Based on current market structure and technical analysis, here are three key target levels to watch:

Target 1: 0.6479 USDT (Recent High)

This price point represents the immediate resistance level. If the market maintains upward momentum, breaking this level could signal a continuation of the bullish trend.

Target 2: 0.6613 USDT

The next potential resistance is 0.6613, aligning with key Fibonacci retracement levels. This target may provide significant selling pressure, but a breakout could propel the price even higher.

Target 3: 0.5636 USDT

A more conservative target, the 0.5636 level serves as a potential support area in case the price consolidates or experiences a minor retracement.

📊 Market Sentiment:

24h Volume: 218.53M HIVE, 106.67M USDT

Moving Averages (5 & 10): The market has seen rising moving averages, indicating a stronger bullish trend.

⚠️ Risk Management:

Always implement proper risk management strategies, and consider potential market volatility as HIVE continues to show higher trading volumes and rapid price fluctuations.

💡 Conclusion: With a strong 65.58% gain in the last 24 hours, HIVE/USDT is showing significant upward momentum. Watch for key resistance levels around 0.6479 and 0.6613, while keeping an eye on 0.5636 as a support in case of a pullback.

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