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$HIVE (1h) - Rejection Short
Bias: Short
Entry (Zone): 0.0740 - 0.0760
Targets:
TP1: 0.0705
TP2: 0.0680
TP3: 0.0645
Stop Loss: 0.0815
Why this Setup:
I see a sharp pump and immediate rejection from the highs, and I’m looking to fade the move if price keeps losing momentum under the recent bounce area. I want to sell into a weak retest near the 0.0740 - 0.0760 zone, with downside continuation likely toward the prior consolidation and lower support levels.
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