🔴 $HYPE
YPE /USDT · Bias: Short
The bearish alignment on the 4-hour timeframe and the short-term trend indicate that HYPE will continue to decline.
Entry: 81.91895 – 82.10505
Target 1: 80.17159 (-2.2%)
Target 2: 78.94464 (-3.7%)
Target 3: 77.10423 (-6.0%)
Stop loss: 84.46589 (+3.0%)
Reason: ADX is 26.8, while DI− is 31.5 versus DI+ at 12.8, indicating that sellers are driving the move.
Plan: Close 50% at Target 1, 25% at Target 2, and 25% at Target 3. Move the stop loss to the entry price after Target 1 is reached.
YPE /USDT · Bias: Short
The bearish alignment on the 4-hour timeframe and the short-term trend indicate that HYPE will continue to decline.
Entry: 81.91895 – 82.10505
Target 1: 80.17159 (-2.2%)
Target 2: 78.94464 (-3.7%)
Target 3: 77.10423 (-6.0%)
Stop loss: 84.46589 (+3.0%)
Reason: ADX is 26.8, while DI− is 31.5 versus DI+ at 12.8, indicating that sellers are driving the move.
Plan: Close 50% at Target 1, 25% at Target 2, and 25% at Target 3. Move the stop loss to the entry price after Target 1 is reached.