Short HIVEUSDT.P from $0.2424
Stop loss $0.2455
1H Timeframe
️ Overview:
️ The POC (Point of Control) is at 0.2527, marking the area with the highest trading volume and now acting as major resistance.
️ The 0.2455 level serves as local resistance — price has already started to decline from that zone.
️ Price HIVEUSDT.P is steadily moving lower and staying below volume clusters, confirming the bearish structure.
️ A breakdown below $0.2424 could lead to acceleration toward target zones.
TP Targets:
TP 1: $0.2399
TP 2: $0.2379
TP 3: $0.2366
Watch for confirmation of the $0.2424 breakdown — it’s key for continuation.
If price reclaims $0.2455, the short setup becomes invalid.
HIVEUSDT.P is maintaining a bearish structure — expect quick target reaction if the signal confirms.