$HYPE Consolidates Near $81 After a Strong Bullish Rally
$HYPE surged from the $78 zone toward $82, but the latest 1H candles show selling pressure near the local high. Price is now pulling back around $81.10, making $80.80 a key short-term support area. A breakdown could trigger a deeper retracement, while holding support may allow bulls to resume the rally.
Trade Setup: SHORT
Entry: $81.10–$81.30
TP: $80.40
SL: $81.90
Wait for bearish confirmation before entering, as the broader short-term trend remains bullish.
Sell and Trade $HYPE
$HYPE surged from the $78 zone toward $82, but the latest 1H candles show selling pressure near the local high. Price is now pulling back around $81.10, making $80.80 a key short-term support area. A breakdown could trigger a deeper retracement, while holding support may allow bulls to resume the rally.
Trade Setup: SHORT
Entry: $81.10–$81.30
TP: $80.40
SL: $81.90
Wait for bearish confirmation before entering, as the broader short-term trend remains bullish.
Sell and Trade $HYPE
