$HIVE USDT FACES STRONG REJECTION — SHORT SETUP ACTIVATED

$HIVE shot up to $0.2620 but immediately faced heavy rejection, forming a long upper wick and collapsing below $0.2400 support. The quick rejection and sharp red candles signal exhaustion, and momentum now favors sellers unless a reclaim occurs.

📉 Short Trade Setup:

Entry Zone: $0.2360 – $0.2390

Take Profit 1: $0.2290

Take Profit 2: $0.2235

Stop Loss: $0.2445

📊 Market Outlook:

The rejection candle at $0.2620 is decisive. Price action shows lower highs forming after the peak, and bulls are losing grip quickly. If $0.2310 breaks, a move to the 24h low near $0.2230 is likely.

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