$HIVE /USDT Short Trade Alert 🔥💯
📉 The recent surge in HIVE has hit resistance near $0.68, showing exhaustion on the 1-hour chart. A corrective move is anticipated with declining volume and bearish candles forming.
Trade Setup:
• Entry: $0.575 - $0.580
• Take Profit (TP):
• TP1: $0.520
• TP2: $0.485
• Stop Loss (SL): $0.610
🎯 Risk-Reward Ratio: 2:1 (Optimal risk management)
💡 Strategy Note:
Confirm the breakdown with a close below $0.570. Use trailing stops to lock in profits if momentum increases. Adjust positions if the price re-tests resistance at $0.60.
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