$HIVE

/USDT Technical Analysis: Potential Breakout Ahead 🎯

The HIVE/USDT pair has been experiencing notable bullish momentum, up by 53.72% in the last 24 hours. Let's break down the key levels to watch for potential price action:

1. Target 1: $0.3800

The current price of $0.3694 is nearing the $0.3800 resistance level. A breakthrough here could signal further bullish movement, potentially pushing towards the next target.

2. Target 2: $0.3900

If momentum continues, the next key resistance lies at $0.3900. A successful test of this level could offer a confirmation of the uptrend and attract more buying pressure.

3. Target 3: $0.4048

The 24h high of $0.4048 serves as the ultimate target. This level could mark the peak of this rally and potentially lead to a consolidation or pullback.

Support Levels to Watch:

$0.3600 and $0.3500 are strong support zones that may help cushion any pullbacks.

💡 Key Insight: The current uptrend is intact, but traders should remain cautious and watch for price action near the key resistance levels. The next few hours could be critical for determining the trajectory of HIVE/USDT.

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