Short Trading Notice USDT/$HIVE

🔥💯

📉 The recent rally in HIVE has met resistance near $0.68, indicating exhaustion on the 1-hour chart. A corrective move is expected with decreasing volume and bearish candlesticks forming.

Trade Setup:

• Entry: $0.575 - $0.580

• Take Profit (TP):

• TP1: $0.520

• TP2: $0.485

• Stop Loss (SL): $0.610

🎯 Risk to Reward Ratio: 2:1 (Optimal Risk Management)

💡 Strategy Note:

The breakdown was confirmed with a close below $0.570. Use a trailing stop to lock in profits if momentum picks up. Adjust positions if the price retests the resistance at $0.60.