$HYPE Bearish, but don't chase at the low. The 4-hour low at 79.664 is too close.

Binance USDT perpetual, current price 79.75, direction: short
Wait for a reaction at 80.1–80.3. Reference entry: 80.2
Trigger: first let price rebound into the range, then wait for a 15-minute candle to close back below 80.10. Only then wait for a retest within the range to enter. Do not chase.
First target: 79.7, then 79.4
Stop loss after entry: 80.55
If price breaks above 80.55 or reaches the first target before entry, cancel the setup.

Reference-price gross risk/reward: 1.43 / 2.29, excluding fees, slippage, and funding
Data: 2026-10-17 18:15 UTC+8
Valid until 2026-10-17 19:00 UTC+8. Expires if not entered by then; if entered, keep the stop loss.