$HIVE

/USDT Technical Analysis 📉

The HIVE/USDT pair has shown strong bullish momentum, currently trading at $0.6279, marking an impressive 62.29% increase in the past 24 hours. As we analyze the chart, three key targets stand out for the next potential moves:

🎯 Target 1: $0.6500

The immediate resistance level is at $0.6500, which will be crucial for the price to break through for further upward movement. A close above this mark could set the stage for even higher gains.

🎯 Target 2: $0.6849

The 24-hour high at $0.6849 serves as the next significant resistance level. If bullish momentum persists, this target will be a crucial test for the price action, potentially signaling a continuation of the uptrend.

🎯 Target 3: $0.7000

A breakout above $0.6849 could lead to the psychological resistance at $0.7000. This level is vital as it could trigger additional buying interest, pushing the price further into bullish territory.

Key Levels to Watch:

Support: $0.6000

Resistance: $0.6500, $0.6849, and $0.7000

📊 Keep an eye on market volume and momentum for signs of a breakout or potential pullback. Stay updated with Binance for real-time trading insights!