Would you enter HYPE short on this continuation pattern? Here's the setup
CONTINUATION — 📉 SHORT
Here's what the data shows:
• Price: 56.610 (24H Range: 55.330–56.724)
• RSI(14): 55.7 — Neutral-High
• EMA20: $56.273 | EMA50: $56.271 ⚠️ Above EMA50
• Volume: $174.25M
📉 If yes, here's the plan:
📉 Entry: 56.285 – 56.851
🛑 Stop: 59.693
🎯 TP1: 51.157
🎯 TP2: 47.663
🎯 TP3: 42.931
Short with conviction — the setup is clean.
The trend is intact — bears are patient.
Wick Rejected 👉 $HYPE 👈 Buy Now
#HYPE
CONTINUATION — 📉 SHORT
Here's what the data shows:
• Price: 56.610 (24H Range: 55.330–56.724)
• RSI(14): 55.7 — Neutral-High
• EMA20: $56.273 | EMA50: $56.271 ⚠️ Above EMA50
• Volume: $174.25M
📉 If yes, here's the plan:
📉 Entry: 56.285 – 56.851
🛑 Stop: 59.693
🎯 TP1: 51.157
🎯 TP2: 47.663
🎯 TP3: 42.931
Short with conviction — the setup is clean.
The trend is intact — bears are patient.
Wick Rejected 👉 $HYPE 👈 Buy Now
#HYPE