HYPE is battling a bearish swing after a sharp rally, and the price is now testing the lower half of the recent range. Momentum is waning as sellers claw back the last few thousand dollars.
🔴 $HYPE SHORT 📉
Entry $90.4674-$90.6486 | SL $93.2747 (-3.0%) | TP1 $89.1996 (+1.5%) | TP2 $86.0301 (+5.0%) | R/R 1:1.7 | Conf 65%
The market structure broke lower on a clear CHoCH, while CVD showed volume siding with the down move. A fresh FVG sits right under the broken swing low and an order block aligns perfectly, creating a POI confluence.
A 3.0% stop on a 1.7 reward ratio translates to roughly a 5.1% target, so using 5‑10x leverage keeps the trade under a 1% equity risk.
Consider taking half profit at the first target around 5% upside.
As always: manage your risk, this is not financial advice 🙏
$HYPE #HYPEUSDT #SMC #TradingSignals #Write2Earn
🔴 $HYPE SHORT 📉
Entry $90.4674-$90.6486 | SL $93.2747 (-3.0%) | TP1 $89.1996 (+1.5%) | TP2 $86.0301 (+5.0%) | R/R 1:1.7 | Conf 65%
The market structure broke lower on a clear CHoCH, while CVD showed volume siding with the down move. A fresh FVG sits right under the broken swing low and an order block aligns perfectly, creating a POI confluence.
A 3.0% stop on a 1.7 reward ratio translates to roughly a 5.1% target, so using 5‑10x leverage keeps the trade under a 1% equity risk.
Consider taking half profit at the first target around 5% upside.
As always: manage your risk, this is not financial advice 🙏
$HYPE #HYPEUSDT #SMC #TradingSignals #Write2Earn