$HYPE big broken supports
Short $HYPE (DCA Entries)
EP1: 79.00 – 60%
EP2: 80.00 – 20%
EP3: 82.00 – 10%
SL: 86.00
TP1: 77.00
TP2: 75.00
TP3: 73.50
TP4: 71.00
Why:
$HYPE is showing strong bearish momentum after a sharp breakdown from its consolidation zone. Price is trading below MA7 (83.021), MA25 (84.851), and MA99 (82.314), confirming a bearish trend across all three moving averages. MACD is negative, with DIF (-1.134) below DEA (-0.637) and an expanding bearish histogram. Selling pressure is increasing, with the latest breakdown accompanied by noticeable volume. Open Interest remains around 4.88M, indicating continued market participation. A sustained move below 78.50 could open the door toward 75 and the previous support near 74.413.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
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Trade $HYPE here 👇
Trade smart. DYOR.
#Altcoin Season# #Macro Insights#
Short $HYPE (DCA Entries)
EP1: 79.00 – 60%
EP2: 80.00 – 20%
EP3: 82.00 – 10%
SL: 86.00
TP1: 77.00
TP2: 75.00
TP3: 73.50
TP4: 71.00
Why:
$HYPE is showing strong bearish momentum after a sharp breakdown from its consolidation zone. Price is trading below MA7 (83.021), MA25 (84.851), and MA99 (82.314), confirming a bearish trend across all three moving averages. MACD is negative, with DIF (-1.134) below DEA (-0.637) and an expanding bearish histogram. Selling pressure is increasing, with the latest breakdown accompanied by noticeable volume. Open Interest remains around 4.88M, indicating continued market participation. A sustained move below 78.50 could open the door toward 75 and the previous support near 74.413.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
🫂 Join my Binance Chat Group to Improve your trading skills and Let’s together win every trade.
Trade $HYPE here 👇
Trade smart. DYOR.
#Altcoin Season# #Macro Insights#
