HYPE SHORT NOW $HYPE
🔻 HYPE/USDT Analysis – 4-hour chart
The price is currently testing the FIB OTE zone between 81.20 and 82.40 after a breakdown in the market structure (BOS). This makes it a potential area for the continuation of the downside move if rejection is confirmed.
🎯 Possible targets:
• First target: 78.00
• Second target: 75.15
❌ Invalidation of the bearish scenario:
A break above the 84.20 level and a close above it on the 4-hour timeframe.
It’s preferable to wait for a clear rejection candle from the zone before entering, and not rely only on the price touching the zone.
⚠️ This is an educational analysis and not financial advice.