$HIVE just made a serious move. The next reaction matters more than the candle that got us here.
What stands out here is that volume is running about 227.3x its recent pace, open interest is up 29.4%, and the 1H move is +3.47%. That gives the move real context instead of treating every candle as a signal.
The multi-timeframe read is leaning bullish, and the current 1h structure agrees. That keeps the advantage with buyers for now.
The next test is around $0.05898. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Do you think $HIVE has another leg left, or is this move already too stretched?
#HIVE #Trading
Trade plan: LONG
Entry: $0.05452
SL: $0.04306
TP1: $0.06598
TP2: $0.07743
TP3: $0.08889
What stands out here is that volume is running about 227.3x its recent pace, open interest is up 29.4%, and the 1H move is +3.47%. That gives the move real context instead of treating every candle as a signal.
The multi-timeframe read is leaning bullish, and the current 1h structure agrees. That keeps the advantage with buyers for now.
The next test is around $0.05898. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Do you think $HIVE has another leg left, or is this move already too stretched?
#HIVE #Trading
Trade plan: LONG
Entry: $0.05452
SL: $0.04306
TP1: $0.06598
TP2: $0.07743
TP3: $0.08889
