$HYPE is offering two possible short setups here.
First, if the price breaks down from this ascending channel from the current area, I think we could see a quick move toward $76 and then potentially the $60 region.
Second, the setup is if $HYPE rises again toward $95-$100. To be honest, that would be an even better short zone if it’s rejected from there.
What do you think about $HYPE ? Do you think it will rise to $100 or dump now?
First, if the price breaks down from this ascending channel from the current area, I think we could see a quick move toward $76 and then potentially the $60 region.
Second, the setup is if $HYPE rises again toward $95-$100. To be honest, that would be an even better short zone if it’s rejected from there.
What do you think about $HYPE ? Do you think it will rise to $100 or dump now?
