【$HIVE Signal】Pullback to go long + short squeeze driven by negative fee rates

$HIVE Funding rate -0.5339%, at an extremely low historical level. 4H buy-side depth is skewed by 12.82%, and the price has not effectively broken below the 0.0715 support. 1H trading volume has shrunk, selling pressure is weakening, and a MACD bottom bullish divergence is forming. The current risk-reward ratio is suitable; under extreme negative fee rates, short positions have very high holding costs.
🎯Direction: Long
⚡Entry/Order: 0.06764 - 0.07415 (scale in; prioritize placing orders around 0.068)
🛑Stop loss: 0.06348
🚀Target 1: 0.07594
🚀Target 2: 0.08010
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If price falls back into the entry zone, automatically exit to protect principal.
(Depth logic: OI remains stable, and shorts have not exited; negative fee rates continue to drain short-side capital. Once price holds steady above 0.074, forced short covering will push an accelerated upside move. The 4H Bollinger middle band at 0.0652 forms strong support, leaving limited room for a pullback.)
View real-time market 👇 $HIVE
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