- $HIVE chart confirmed a liquidity grab at 0.2009, followed by strong bearish displacement signaling institutional control over the price structure.
- The bearish displacement created an IFVG zone, providing a high-probability retracement area where short entries are favored with controlled risk levels.
- Liquidity at 0.1972 remains the key downside target, acting as a natural magnet for price continuation after the displacement and retracement.
The chart of $HIVE/USDT has presented a bearish setup built on displacement, liquidity dynamics, and the formation of an IFVG zone.
Liquidity Grab and Bearish Displacement
Crypto analyst Crypto Patel posted on X, outlining a structured bearish plan on $HIVE. His breakdown emphasized liquidity, displacement, and short entry execution.
The first observation came from liquidity taken above the previous day’s high at 0.2009. Price briefly broke higher, capturing buy-side orders and trapping breakout traders before reversing strongly.
This price move is often interpreted as a liquidity sweep, confirming exhaustion in bullish strength. Such sweeps typically act as catalysts for larger directional moves as trapped positions unwind.
After this event, a strong bearish displacement followed. The sharp downward move showed seller control and an immediate shift in order flow. Displacement is not random but reflects participation by larger players who favor continuation to the downside.
IFVG Retracement and Liquidity Target
The bearish displacement left an Inefficient Fair Value Gap (IFVG) on the chart. This technical imbalance acts as the preferred retracement zone before price resumes lower.
Patel explained that the execution plan is to wait for retracement into this IFVG. Once tested, traders may initiate short positions with stops above the imbalance to protect against invalidation.
The bearish continuation is expected to target the previous day’s low near 0.1972. This level holds notable sell-side liquidity, serving as a natural draw for price action.
Liquidity levels often act as magnets in directional markets, attracting price movement until fully traded. The confluence of a liquidity sweep, displacement, and IFVG supports the bearish framework.
Patel summarized the setup as combining four elements: liquidity grab, bearish displacement, IFVG retracement, and liquidity target. Together, these factors create what he termed a prime short setup on $HIVE.
