Hive Showing Bullish Momentum After Big Volume Spike

I’m watching Hive (No. 134) with a 24h volume of $0.36M and a current price of $0.2206. The 24h price change is +1.33%, signaling mild upside momentum. Short-term RSI readings are 65.69 (15-period) and 50.3 (1-hour), while BTC-relative RSI on the 1-hour chart sits at 39.55. Funding is modest at 0.0025% and volume delta has spiked to 683.5%, indicating a strong surge in trading activity.

I view the setup as bullish overall given the volume acceleration and positive price action. For execution, I open the chart and consider placing a trade on MEXC where Hive is available. If you’re not yet on the exchange, register on MEXC before entering the market.