$HIVE /USDT Short Trade Alert 🔥
📉 HIVE recently spiked, but hit resistance near $0.68, showing 💨 on the 1-hour chart. 🐻 A correction is likely with volume 📉 and bearish candles forming.
Trade Setup:
* Entry: $0.576 - $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. 📈
