$HYPE rejection holding — corrective leg still active.
Price reacted cleanly into VWAP resistance, confirming it as a key supply zone. The recent push higher failed to gain acceptance above the value area high, and each bounce is getting sold faster, signaling weak demand.
Short $HYPE
- Entry: 33.2 – 34.0
- TP1: 28.5
- TP2: 27.0
- TP3: 25.6
🔥SL: 35.2
As long as the price remains below VWAP and the value is high, downside rotation is favored. The $27 zone is the main decision level, aligning with the 0.618 Fibonacci and daily support. A strong reaction there could form a higher low, but failure to hold would open deeper downside.
Trade $HYPE with patience and respect the levels 👇
HYPEUSDT
دائم
32.78
-4.03%