$HIVE Massive Shakeout in the Hive Ecosystem.

Long Liquidation Alert.

A colossal $1,501.8 worth of long positions on have been wiped out at $0.3571, signaling a critical point for traders.

What Happened.

This liquidation indicates a sharp price drop, catching over-leveraged long traders off-guard. With the market unable to hold higher levels, these liquidations often lead to cascading sell-offs, amplifying volatility.

Key Levels to Watch.

Current Support: $0.35 (psychological and technical level)

Critical Resistance: $0.38 (must break to regain bullish momentum)

Next Major Support Zone: $0.32 (if $0.35 fails to hold)

What Does This Mean.

For bulls: The market must stabilize above $0.35, or risk further downside.

For bears: Momentum is in your favor, but watch out for a potential short squeeze if $HIVE reclaims $0.38.

Trading Insight.

Buy Zone: $0.32 - $0.34 (wait for confirmation of support)

Target Levels: $0.38, $0.42 (if momentum shifts upward)

Stop Loss: Below $0.30 (to minimize downside risk)

What’s your strategy for $HIVE Will it bounce back or dive further.

#HIVE #BinanceAlphaAlert #SolvProtocolMegadrop #BTCMiningPeak #MicroStrategyStockSale