$HYPE Bearish, Market entry: 58.3310
TP1 below: 55.2511 (first take-profit)
TP2 below: 53.8652 (second take-profit)
DCA: 59.1780 (rebound add-level watch)
SL: 60.0249 (stop-loss exit)
HYPE is heating up, but on-chain volume and OI are still shrinking. Long/short accounts are roughly even — shorts aren't squeezed, and real buy pressure hasn't come in. Down nearly 7% in 24 hours, funding normal. This hype isn't converting into buys; it looks more like distribution at highs. Enter short at market price and wait for it to break the first support.
If it reclaims 60.0249, exit SL immediately — don't fight the short.
TP1 below: 55.2511 (first take-profit)
TP2 below: 53.8652 (second take-profit)
DCA: 59.1780 (rebound add-level watch)
SL: 60.0249 (stop-loss exit)
HYPE is heating up, but on-chain volume and OI are still shrinking. Long/short accounts are roughly even — shorts aren't squeezed, and real buy pressure hasn't come in. Down nearly 7% in 24 hours, funding normal. This hype isn't converting into buys; it looks more like distribution at highs. Enter short at market price and wait for it to break the first support.
If it reclaims 60.0249, exit SL immediately — don't fight the short.