$HIVE /USDT – Bearish Retest After Breakdown!
Current Price: $0.2666 (-1.95%)
$HIVE is losing momentum after rejecting near the $0.2800 zone. Short-term MA(25) and MA(99) are acting as resistance, and volume is fading on bounces – a signal of potential downside continuation.
Short Setup:
Entry Zone: $0.2660 – $0.2700
TP1: $0.2600
TP2: $0.2510
TP3: $0.2430
SL: $0.2785
Key Highlights:
Price trading below all major MAs
Weak volume on green candles
1H trend remains bearish with lower highs
Pro Tip:
Watch for a clean 1H candle close below $0.2600 with volume – that may confirm momentum toward lower supports.
