I’m opening a LARGE SHORT position at $HYPE here.
TP: $77.50
SL: $81.37
The reason is simple: there’s still a large pool of buy-side liquidity at $HYPE , lower down, and the price isn’t showing the recovery I’d like to see from the bulls.
We’ve already had a good move down, but I think there’s still another leg to come.
If sellers step back in, those late buyers could get flushed out quickly, and $77.50 is the level I’m watching.
One more move down, one more opportunity to take advantage of it.
Take profits first… then thank me
TP: $77.50
SL: $81.37
The reason is simple: there’s still a large pool of buy-side liquidity at $HYPE , lower down, and the price isn’t showing the recovery I’d like to see from the bulls.
We’ve already had a good move down, but I think there’s still another leg to come.
If sellers step back in, those late buyers could get flushed out quickly, and $77.50 is the level I’m watching.
One more move down, one more opportunity to take advantage of it.
Take profits first… then thank me