$HYPE is failing to hold the reclaim and giving sellers room but participation remains light but price still has to respect the invalidation.

Short | Futures | 1H
Entry: 54.024 – 54.132
TP1: 53.763 (R:R 1:0.95)
TP2: 53.444 (R:R 1:1.92)
TP3: 53.085 (R:R 1:3.00)
TP4: 52.636 (R:R 1:4.36)
Stop Loss: 54.409

The lower and higher timeframes are leaning the same way; volume confirmation is still thin.
Risk: A 1h close above 54.409 invalidates the short structure.

NFA. DYOR.