$HIVE
Long Liquidation Alert: $1.1238K at $0.36943
A sharp wave of volatility hit the HIVE market as $1.1238K worth of long positions were liquidated at $0.36943. The bears are currently in control, testing the resilience of bulls at this critical price level.
1️⃣ Bearish Scenario: If HIVE breaks below $0.369, the next support zones to watch are $0.36 and $0.35. A failure to hold these levels could lead to further declines.
2️⃣ Bullish Rebound: If buyers defend $0.369 and reclaim $0.38, a recovery could push the price toward resistance at $0.39 or even $0.40.
Momentum remains unstable, and traders should brace for sharp price movements. This is a pivotal moment for HIVE's price action.
Key Takeaways:
Maintain disciplined stop-losses to avoid unexpected losses.
Keep an eye on volume and breakout signals for opportunities.
HIVE’s short-term direction hangs in the balance—stay sharp and ready for swift moves!