$HYPE short update ๐Ÿ“‰


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.

HYPE
HYPEUSDT
72.46
+7.72%


Thatโ€™s why Iโ€™m continuing to hold my short position. Targets remain unchanged:

โ€ข $58

โ€ข $55


Iโ€™m staying bearish and looking for further downside continuation.