$HYPE 80.6 If this level breaks, everything below will instantly go vacuum!
The price dropped from 85.3 all the way to 80.6, then rebounded to 81.8 but was precisely capped by the MA25, indicating strong overhead sell pressure. Both the MA7 and MA25 have turned downward, and the short-term trend is clearly bearish. As long as the 80.6 previous low can’t hold, it’s likely to move toward the MA99 around 75.7. Still looking bearish in the short term.
Entry: 81.8
Stop loss: 83.6
Take profit: 76.0
$HYPE - Sell 🔻
Enter from the lower side👇
The price dropped from 85.3 all the way to 80.6, then rebounded to 81.8 but was precisely capped by the MA25, indicating strong overhead sell pressure. Both the MA7 and MA25 have turned downward, and the short-term trend is clearly bearish. As long as the 80.6 previous low can’t hold, it’s likely to move toward the MA99 around 75.7. Still looking bearish in the short term.
Entry: 81.8
Stop loss: 83.6
Take profit: 76.0
$HYPE - Sell 🔻
Enter from the lower side👇
