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#SHORT📉 🔴🔴🔴
$HYPE
HYPEUSDT Perp | 30m
📍 Price: $71,200
Most likely scenario: 📉 Selling pressure / Support test
* Target: $58,544
* Stop: $71,646
The price on the 30-minute chart is trading below the Bollinger central average ($71,646), testing the support region after losing momentum in the recent buying move. With a short stop set directly at the central average ($71,646), the structure favors a corrective move toward the 24h low at $58,544, ensuring an extremely favorable risk/reward ratio.
⚠️ Broke above $71,646: bearish scenario invalidated.
#TradingTales
#suport
#scalping_trading
$HYPE
HYPEUSDT Perp | 30m
📍 Price: $71,200
Most likely scenario: 📉 Selling pressure / Support test
* Target: $58,544
* Stop: $71,646
The price on the 30-minute chart is trading below the Bollinger central average ($71,646), testing the support region after losing momentum in the recent buying move. With a short stop set directly at the central average ($71,646), the structure favors a corrective move toward the 24h low at $58,544, ensuring an extremely favorable risk/reward ratio.
⚠️ Broke above $71,646: bearish scenario invalidated.
#TradingTales
#suport
#scalping_trading
Good evening to all my fellow traders and members of this awesome community. I’m reaching out for your support on my posts; a like or a quick comment would go a long way. I put a ton of effort and passion into keeping you updated on some intriguing altcoins. Thanks in advance for your support! 👍🏻😍🇨🇱✌🏼🎁👍🏻
#SUPORT
#comunidadBinance
#hodlers
#SUPORT
#comunidadBinance
#hodlers
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