Trading Signals for $HIVE Hive

Entry Range:
Long Position: $0.346 - $0.360
Short Position: $0.370 - $0.380

TP (Take Profit):
Long: $0.370 - $0.388
Short: $0.360 - $0.344

HIVE is currently experiencing significant volatility, trading near its 24-hour low of $0.346 after a sharp 19.04% decline in the last day. With a high trading volume relative to its market cap (118.15%), scalping opportunities are abundant as it shows potential for both upward and downward movements.

The price appears to be consolidating between $0.346 and $0.380, a range where traders can exploit quick fluctuations. The current bearish trend suggests monitoring support at $0.346 for potential rebounds, while resistance at $0.380 could provide short-selling opportunities.

A scalping strategy involves identifying quick reversals at these levels, with precise entries and tight stop-loss orders. Use proper risk management to limit losses if the price breaks out of the expected range.

🥂 Trade Here👇$HIVE

🚨 Note: Trade at your own risk. DYOR.

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