$HIVE Signal】Overbought short squeeze, waiting for a pullback to go long


RSI on 4H surged to 84.91, the 4H upper Bollinger Band at 0.0808 has been broken.
Buy depth ratio 1.92, funding rate -1.1961%, shorts continue to pay holding fees.
1H MACD histogram shrinks, upward momentum slows down.
Current price 0.0841 exceeds the suggested entry zone 0.0665-0.0837, chasing high has an unfavorable risk-reward ratio.
Waiting for the price to pull back near 0.0837 to place a long order, stop loss set at 0.0626,
Target 1 at 0.0744, Target 2 at 0.0784.
Enter after the pullback, the gap between target and entry price is reasonable,
do not chase at high levels now, stay patient.
🎯Direction: Long (place order on pullback)
⚡Entry/Order: 0.0837
🛑Stop loss: 0.0626
🚀Target 1: 0.0744
🚀Target 2: 0.0784
🛡️Trade management:
- After reaching Target 1, reduce position by 50%, move stop loss to break-even.
- If the price falls below 0.0837, the order becomes invalid, wait for the next support confirmation.
Negative funding rate + buy depth tilt, short squeeze logic remains, but overbought condition needs time to digest.
Control risk during pullback when placing orders, remaining position aims for a second surge.
View real-time market 👇 $HIVE
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍
HIVE6.12%
BTC1.1%
ETH0.09%
SOL2.63%
Original content no longer visible
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
MasterChuTheOldDemonMasterChu
· 9h ago
Just charge forward 👊
View OriginalReply0
discovery
· 9h ago
2026 GOGOGO 👊
Reply0
  • Pin