$HYPE Bearish breakdown scenario setup
Entry: $90.70–$91.50
Target 1: $90.00
Target 2: $89.20
Target 3: $88.50
Stop loss: $92.20
Analysis:
HYPE is facing strong short-term selling pressure after being rejected from the $95.00 area, with lower highs and lower lows forming on the hourly chart.
Price is trading just above the key support zone of $90.00–$90.58. A clear break below $90.00 could open the way toward $89.20 and $88.50.
If $90.00 holds, a rebound toward $92.00 remains possible.
Let’s watch closely #HYPE — a drop below $90 could trigger the next downward move.
$ZEC
$QNT
Entry: $90.70–$91.50
Target 1: $90.00
Target 2: $89.20
Target 3: $88.50
Stop loss: $92.20
Analysis:
HYPE is facing strong short-term selling pressure after being rejected from the $95.00 area, with lower highs and lower lows forming on the hourly chart.
Price is trading just above the key support zone of $90.00–$90.58. A clear break below $90.00 could open the way toward $89.20 and $88.50.
If $90.00 holds, a rebound toward $92.00 remains possible.
Let’s watch closely #HYPE — a drop below $90 could trigger the next downward move.
$ZEC
$QNT