$HYPE SHORT SETUP ... SELLERS ARE TAKING CONTROL!
$HYPE has dropped to $88.598 after rejection near $94.048. Lower highs are forming on the 4H chart, and selling pressure is building.
Short Setup
Entry: $88.60–$90.00
TP1: $88.284
TP2: $87.50
Final Target: $85.00
SL: $94.048
As long as $90.00 holds as resistance, I see a possible correction towards $85.00.
Buyers could still fight back, so respect the stop loss.
Trade on $HYPE
$HYPE has dropped to $88.598 after rejection near $94.048. Lower highs are forming on the 4H chart, and selling pressure is building.
Short Setup
Entry: $88.60–$90.00
TP1: $88.284
TP2: $87.50
Final Target: $85.00
SL: $94.048
As long as $90.00 holds as resistance, I see a possible correction towards $85.00.
Buyers could still fight back, so respect the stop loss.
Trade on $HYPE
