$HYPE Short 10x | This is the zone I've been eyeing.
HYPE has hit the target zone I anticipated before this move. I’m already in the trade, but a breach of the supply zone would invalidate this setup quickly.
Trade Plan:
- Entry: 93.82897 – 94.07602
- TP1: 93.06311 (R:R 1:0.8)
- TP2: 92.47019 (R:R 1:1.3)
- TP3: 91.58081 (R:R 1:2.0)
- SL: 95.13833
Why this setup?
- The short scenario is intact on 4h, with price action holding within 93.82897–94.07602, while the daily outlook remains bullish.
- The 15m RSI at 54 indicates there’s still potential for sellers to push lower, provided they defend this level.
- Current volume is at 1.15x, with 34.82K traded against 30.26K anticipated, suggesting solid participation in this move.
Trade here 👇 and Are you ready to sell the zone, or will you wait for a break below support?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
HYPE has hit the target zone I anticipated before this move. I’m already in the trade, but a breach of the supply zone would invalidate this setup quickly.
Trade Plan:
- Entry: 93.82897 – 94.07602
- TP1: 93.06311 (R:R 1:0.8)
- TP2: 92.47019 (R:R 1:1.3)
- TP3: 91.58081 (R:R 1:2.0)
- SL: 95.13833
Why this setup?
- The short scenario is intact on 4h, with price action holding within 93.82897–94.07602, while the daily outlook remains bullish.
- The 15m RSI at 54 indicates there’s still potential for sellers to push lower, provided they defend this level.
- Current volume is at 1.15x, with 34.82K traded against 30.26K anticipated, suggesting solid participation in this move.
Trade here 👇 and Are you ready to sell the zone, or will you wait for a break below support?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
