Price: 0.2586 | EMA7: 0.25 | EMA25: 0.25 | RSI14: 57.77 | Resistance: 0.4267 | Support: 0.1775 | Average Volume: 14575138.37 | Volume Trend: Decreasing
Based on the 1-day chart of HIVEUSDT, here's my analysis:
The price is currently at 0.2586, which is above the EMA7 and EMA25, indicating a bullish trend. The RSI14 is at 57.77, which is in the neutral zone, indicating that the price is neither overbought nor oversold.
The MACD is positive, indicating a potential uptrend.
Considering the resistance at 0.4267 and support at 0.1775, I recommend a long entry at the current price (0.2586) and set a target price around 0.3150, which is around the EMA25.
For a spot buy, I would recommend buying at around 0.2350, as it is close to the support level and has a good chance of bouncing back up.
Note: This is just a technical analysis and does not take into account fundamental analysis or other market factors. It's essential to use stop-loss orders and manage your risk accordingly.