$HYPE is squeezing into resistance — and resistance doesn’t forgive 🧱

$HYPE - SHORT

Trade Plan:

Entry: 28.881 – 29.111

SL: 29.685

TP1: 28.307

TP2: 28.077

TP3: 27.617

Why this setup?

Setup for HYPE is SHORT on 4h: the 1D trend is range-bound, so location matters. Key working area: (28.881-29.111).

Trigger is reaction at (28.881-29.111) — then TP1 = 28.307. If price accepts beyond 31.760, this setup is wrong. RSI15=53.4 is neutral, leaving room for the move to develop.

Debate:

Is 28.307 the magnet next, or does acceptance beyond 31.760 invalidate the setup? (on this 15m close)

Trade here 👇 and comment your bias!