Opportunities to make easy money are often hidden in moments of calm, and $HYPE is in just such a state right now. The rebound looks lively, but every push higher gets knocked back, and volume hasn’t followed through. Put simply, no one is willing to buy at these high levels. Looking at the chart, the highs are moving lower, and the bulls are clearly weaker than they were in the previous rallies.
Given this setup, I’m more inclined to follow the trend and look for a pullback. Once a key level breaks, there’ll be room to move lower. Of course, nothing in the market is certain, so keep the risk of a rebound in mind. Manage your position size and stop-loss carefully, and don’t let one impulsive move throw off your rhythm.
🔴 Trade direction: Short
📍 Entry range: 838.1 – 858.1
🛑 Stop-loss: 86.01
🎯 Take-profit 1: 82.01
🎯 Take-profit 2: 78.01
Still waters run deep; foresight sees far. Stay composed through the market’s ups and downs.
Stand with Sister Fei and read the tides of wealth.
#HYPE
Click below to trade 👇
Given this setup, I’m more inclined to follow the trend and look for a pullback. Once a key level breaks, there’ll be room to move lower. Of course, nothing in the market is certain, so keep the risk of a rebound in mind. Manage your position size and stop-loss carefully, and don’t let one impulsive move throw off your rhythm.
🔴 Trade direction: Short
📍 Entry range: 838.1 – 858.1
🛑 Stop-loss: 86.01
🎯 Take-profit 1: 82.01
🎯 Take-profit 2: 78.01
Still waters run deep; foresight sees far. Stay composed through the market’s ups and downs.
Stand with Sister Fei and read the tides of wealth.
#HYPE
Click below to trade 👇