$HYPE
is at an interesting level here.
The setup I'm watching is a potential short around $83.50, with the first downside target around $80.30.
What makes it more interesting is the invalidation area. If $HYPE pushes toward $87, the idea is to look for another short entry rather than chase the move lower.
For me, this is more about waiting for the right reaction around these levels than forcing a trade.
Key levels: $83.50 → $80.30, with $87 as the area to watch if price moves higher.
is at an interesting level here.
The setup I'm watching is a potential short around $83.50, with the first downside target around $80.30.
What makes it more interesting is the invalidation area. If $HYPE pushes toward $87, the idea is to look for another short entry rather than chase the move lower.
For me, this is more about waiting for the right reaction around these levels than forcing a trade.
Key levels: $83.50 → $80.30, with $87 as the area to watch if price moves higher.
