$HIVE /USDT Trade Setup: Short Opportunity!🔥💯
Analysis:
HIVE/USDT has broken below critical support at $0.3400, confirming bearish momentum. The current price at $0.3220 is testing lower demand zones, signaling a continuation to the downside.
Trade Setup:
• Entry: $0.3200 (below current price for confirmation)
• Take Profit 1: $0.3000 (first demand zone)
• Take Profit 2: $0.2800 (key psychological level)
• Stop Loss: $0.3400 (above recent resistance level)
Risk-Reward Ratio:
• TP1: 2.5x
• TP2: 4x
Action:
Wait for a confirmed candle close below $0.3200 before entering. Adjust stop-loss to breakeven if TP1 is achieved to secure profits.
Stay cautious during volatility!
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