$HYPE BIG SHORT SETUP — Another Drop Could Be Coming! 📉
Guys, I’m looking at a potential short opportunity on $HYPE . The price action is still looking weak, and buyers haven’t shown the strong recovery I’d like to see before turning bullish.
🎯 Take Profit (TP): $77.50
🛑 Stop Loss (SL): $81.37
🔻 Trade Direction: SHORT
Here’s the idea: there’s a potential pocket of liquidity below the current price, and if sellers regain control, $HYPE could make another move to the downside.
We’ve already seen a solid bearish move, but I’m watching for a possible second leg lower. If selling pressure builds again, late buyers could be forced out of their positions, potentially pushing the price toward the $77.50 target.
For now, I’m keeping my focus on bearish momentum and how price reacts around key levels. Of course, if buyers step in with a strong recovery, this setup could fail.
#GoogleReleasesGemini4ArgonAIModel #OptimismOPRises19.98% #LedgerAsksSoutheastAsiaHKResellersToHaltSales #USEthereumETFsSee10StraightDaysOfOutflows
Guys, I’m looking at a potential short opportunity on $HYPE . The price action is still looking weak, and buyers haven’t shown the strong recovery I’d like to see before turning bullish.
🎯 Take Profit (TP): $77.50
🛑 Stop Loss (SL): $81.37
🔻 Trade Direction: SHORT
Here’s the idea: there’s a potential pocket of liquidity below the current price, and if sellers regain control, $HYPE could make another move to the downside.
We’ve already seen a solid bearish move, but I’m watching for a possible second leg lower. If selling pressure builds again, late buyers could be forced out of their positions, potentially pushing the price toward the $77.50 target.
For now, I’m keeping my focus on bearish momentum and how price reacts around key levels. Of course, if buyers step in with a strong recovery, this setup could fail.
#GoogleReleasesGemini4ArgonAIModel #OptimismOPRises19.98% #LedgerAsksSoutheastAsiaHKResellersToHaltSales #USEthereumETFsSee10StraightDaysOfOutflows