$HYPE/USDT — 🔴 SHORT · Conf 85%
📍 Entry: 71.3465 – 71.7735
🛑 SL: 74.3315
🎯 TP1: 67.9025
✅ TP2: 64.9145
🏆 TP3: 59.8075
The 4H structure remains strictly bearish with consecutive lower lows while price trades firmly below the 15M EMA20.
About $HYPE: Hyperliquid is an L1 blockchain optimized for decentralized perpetual trading; its native token handles staking and protocol governance, but persistent token unlocks and declining platform volume remain key risks.
Is this 15M breakdown a continuation of the broader 4H downtrend, or are we drifting into exhaustion near local support?
$HYPE
📍 Entry: 71.3465 – 71.7735
🛑 SL: 74.3315
🎯 TP1: 67.9025
✅ TP2: 64.9145
🏆 TP3: 59.8075
The 4H structure remains strictly bearish with consecutive lower lows while price trades firmly below the 15M EMA20.
About $HYPE: Hyperliquid is an L1 blockchain optimized for decentralized perpetual trading; its native token handles staking and protocol governance, but persistent token unlocks and declining platform volume remain key risks.
Is this 15M breakdown a continuation of the broader 4H downtrend, or are we drifting into exhaustion near local support?
$HYPE
