🚨 $HIVE /USDT Trading Alert – 15-Minute Chart 🚨
Price Action Overview: HIVE has seen a strong surge, gaining over 21% in the past 24 hours, reaching a high of 0.3480 before pulling back. It’s now stabilizing near 0.2631, potentially setting up for a new move as traders weigh the next direction.
Current Price: 0.2631
Entry Price for Long Trade: 0.2650 (anticipating bullish momentum)
Key Levels to Watch:
Resistance: 0.3046 – Breaking above this level could reignite buying pressure, pushing HIVE towards new highs.
Support: 0.2545 – Holding above this level is essential to maintain the current bullish sentiment.
Take-Profit Targets:
1. TP1: 0.2900
2. TP2: 0.3150
3. TP3: 0.3400
Stop Loss: 0.2500 (to protect against unexpected reversals)
Cautionary Note: Traders should keep an eye on the 0.2650 level for stability, as a clear move above resistance could signal renewed bullish activity. Conversely, failure to hold above 0.2545 may signal a shift in momentum, with a potential for further downside. Watch closely for any breakout or pullback signals.
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