$HYPE Entry SHORT: 54.78 – 54.95
Wait for rejection at 5M.
SL: 55.08 – 55.15
Safer above the supply.
TP1: 54.38
TP2: 54.05 – 54.00
TP3: 53.60 – 53.50
TP4: 53.10 if bearish momentum is strong. 🔴 SHORT, but wait for price to rise/retest to 54.78–54.95 first.
If you’re forced to enter now at 54.645, in my opinion the R:R isn’t very good. The best entry is to wait for rejection at 54.8–54.95. #hype
Wait for rejection at 5M.
SL: 55.08 – 55.15
Safer above the supply.
TP1: 54.38
TP2: 54.05 – 54.00
TP3: 53.60 – 53.50
TP4: 53.10 if bearish momentum is strong. 🔴 SHORT, but wait for price to rise/retest to 54.78–54.95 first.
If you’re forced to enter now at 54.645, in my opinion the R:R isn’t very good. The best entry is to wait for rejection at 54.8–54.95. #hype
