$HYPE short update 📉

After our entry, the coin pushed slightly higher, but the move was quickly rejected around the $70 area.

Now price has started to roll over, and I think this could be the beginning of the next leg down.

HYPEUSDT

Perp

71.23

+6.03%

That’s why I’m continuing to hold my short position. Targets remain unchanged:

• $58

• $55

I’m staying bearish and looking for further downside continuation.