🚨 $HIVE SHORT LIQUIDATION ALERT 🚨

Overview:

HIVE experienced a short liquidation worth $5.011K at $0.3447, indicating strong buying pressure.

This could mark the beginning of a bullish move, offering a potential opportunity for traders to capitalize on the momentum.

Key Levels to Watch:

Buy Zone: $0.3400 - $0.3500

Target Zone: $0.3700, $0.4000, $0.4300

Stop Loss: $0.3300

Next Steps:

1. Entry Point: Wait for $HIVE to consolidate or stabilize above $0.3447. Enter a long position if the price remains within the $0.3400 - $0.3500 range and shows upward momentum.

2. Target Levels:

First Target: $0.3700

Second Target: $0.4000

Third Target: $0.4300

Take profits incrementally as HIVE approaches these targets.

3. Stop Loss: Set your stop loss at $0.3300 to manage risk and protect your position in case of unexpected price movements.

Why It’s Bullish:

Short liquidations often generate buying pressure, pushing prices higher.

$HIVE ’s bounce above $0.3447 suggests strength and potential for further upward momentum.

Reminder:

Monitor trading volume and price action for confirmation of the bullish trend.

Follow proper risk management practices to safeguard your capital.

Prepare to ride the wave as HIVE targets higher levels! 🚀

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