🔻 $HYPE — Major Supply Rejection | Bears Watching a Pullback 📉
Trade Setup: Short ⚡
Entry Zone: $65.1 – $66.5
SL: $71.2
TPs:
🎯 $62.5
🎯 $59.3
🎯 $56.0
Setup:
$HYPE is entering a strong supply zone where the recent recovery is losing momentum. Buyers are pushing higher, but sellers are absorbing pressure near resistance.
Key Levels:
Reject $65.1–$66.5 → bearish continuation
Break $62.5 → downside momentum increases
Reclaim $71.2 → setup invalid
⚡ Watch the resistance reaction closely and manage risk properly.
Trade Setup: Short ⚡
Entry Zone: $65.1 – $66.5
SL: $71.2
TPs:
🎯 $62.5
🎯 $59.3
🎯 $56.0
Setup:
$HYPE is entering a strong supply zone where the recent recovery is losing momentum. Buyers are pushing higher, but sellers are absorbing pressure near resistance.
Key Levels:
Reject $65.1–$66.5 → bearish continuation
Break $62.5 → downside momentum increases
Reclaim $71.2 → setup invalid
⚡ Watch the resistance reaction closely and manage risk properly.