🚀 $HIVE /USDT Short Trading Signal Alert 🚀
🔍 Analysis Overview:
$HIVE/USDT surged by 36.29% within 24 hours, reaching resistance near $0.37. A pullback is likely, providing an opportunity for short-term traders.
💡 Signal Details:
• Entry Zone: $0.34 - $0.36
• Take Profit Levels:
• TP1: $0.31
• TP2: $0.28
• TP3: $0.25
• Stop Loss (SL): $0.38
• Risk/Reward Ratio: 1:3
📊 Key Highlights:
1. Price hit resistance near $0.37, signaling selling pressure.
2. Overbought RSI suggests a correction in the near term.
3. SL above resistance ensures risk is minimized.
4. Gradual profit booking is advised at each target level.
5. Ideal for short-term traders capturing pullback opportunities.
🔗 Trade responsibly and adhere to your risk management strategy.