$HYPE position size cut by 7% in one day, price scraping the 1d/3d low around 91.57—after the longs get their meat cut, leverage is cleared out; the fee is 0.005%, and even the longs don’t want to bother chaining trades anymore. On the 4h timeframe the six candles net dropped 3.92%, and the rebound was completely pinned down by the moving average at 93.55. Short directly at 91.60, targets 86.00, 82.50, 78.05, stop-loss 96.00. A break below the previous low at 78 is the starting point for the acceleration.