$HIVE strong uptrend – the momentum is crazy strong, but it's looking like we might get a little breather soon.
*Funding rate sitting at -0.79% – that's seriously negative. Means a ton of shorts piled in on perps, which is classic setup for a squeeze. Shorts getting wrecked could push this even higher.
*Volume: 24h at 257M is massive – way above average. The 4h candles are showing volume ramping up on the green moves, so yeah, real buyers are in control here.
*Capital flow: Contracts have solid positive inflows across the board (like +505k USDT in 4h), and spot's adding +204k over 24h. This isn't just leverage hype – there's genuine buying pressure backing it.
*My take
$HIVE : Still cautiously bullish, but overbought conditions mean chasing now is risky. I'd rather buy a dip.
- Entry: Wait for pullback to 0.0975–0.0997 (that old resistance should flip to support) or around MA5 (~0.0937).
- Stop-loss:Around 0.09096 (key support)
- Targets: First at 0.09973 (resistance), secondary 0.10408 (next resistance)
HIVEUSDT
Perp
0.11357
+27.23%
Overall, this feels like one of those setups where the squeeze could keep going, but patience on the dip will give way better risk-reward. #Hive
#hiveusdt