$HIVE Short Liquidation Alert
A short liquidation of $3.0798K occurred at $0.47236.
Let’s break down the situation and explore the best next moves.
Current Price Analysis
Price Level: $0.47236
Trend: Positive momentum after the short squeeze.
Buy Zone
Recommended Entry: $0.4600 - $0.4700
Reason: This range is showing solid support; a good entry point if the price stabilizes here.
Targets
Target 1: $0.4900
Target 2: $0.5100
Target 3: $0.5300 (strong resistance zone)
Stop Loss
Suggested Level: $0.4500
Reason: Protect yourself from further downside if price breaks below this key support level.
Next Steps
1. Watch for a dip into the buy zone, but ensure the price is holding strong.
2. Look for rising volume to confirm the bullish momentum.
3. Keep an eye on the resistance at $0.4900 and $0.5100, as they may limit the upward movement.
#CryptoReboundStrategy #AIAgentFrenzy #SUIHitsATH #BitcoinHashRateSurge #BitcoinTurns16