🔴 $HYPE/USDT – Sellers still have the upper hand!
HYPE is signaling weakness as its price remains below both the EMA50 and EMA200 on the 4H chart, suggesting the short-term trend still leans bearish.
📉 SHORT plan:
Entry: 78.00 – 78.60
TP1: 77.80
TP2: 76.86
TP3: 75.68
SL: 80.58
Personal view: HYPE still has room to pull back if selling pressure persists. However, confidence is only moderate, so prioritize smaller positions and strict risk management.
🎯 Take profit on 50% at TP1, 25% at TP2, and the remainder at TP3. After TP1, move the SL to the entry point to protect your capital.