⚡ 🔴 SHORT $HYPE | SCALP M5 10/11 | R:R up to 1:3.5 | Retested
HYPE has just retested a favorable selling zone on the 5-minute chart—scalpers, keep an eye on it.
Price touched the entry zone, then the candle closed and bounced away. The retest is complete. The plan is to place a pending order in the zone; don’t chase the price.
🔹 $HYPE | 74.66 USDT | SHORT (expecting the price to fall)
📊 Scalp trade. Reason: a bearish Order Block zone on M5, where sellers previously pushed the price down; the H4 trend is down, and M15 is also down; price has retested the entry zone.
🟢 Entry: 74.93 - 75.18
🔴 SL: 75.58 (+0.7%), just above the entry zone
🎯 TP1: 74.04 (-1.3%) | R:R 1:1.9
🎯 TP2: 73.22 (-2.4%) | R:R 1:3.5
⏰ Valid until: 14:02 10/11 (UTC+7)
✅ Filtered: aligned with the main H4 trend; the latest H1/H4/D1 candles show no strong momentum in the opposite direction.
⚠️ This trade goes against the D1 trend, so use only a small position size.
🔗 Compared with BTC over 90 days: correlation 0.56, beta 1.0. HYPE tracks BTC fairly closely, so be careful if BTC moves sharply.
❌ WHEN TO SKIP THE TRADE
- If price hits TP1 at 74.04 before the pending order fills, consider it missed—don’t chase.
- If price hits SL at 75.58.
- If the order hasn’t filled by 14:02 10/11.
🛡 PROTECT YOUR CAPITAL FIRST
For example, with a 1,000 USDT account and 0.5% risk tolerance = 5 USDT: the SL is 0.70% from the midpoint of the zone, so the position value would be about 716 USDT, excluding fees and slippage. Don’t use high leverage.
Posted at 12:02 10/11 (UTC+7). This is a conditional plan, not verified against historical data, and is not investment advice.
📰 Axion News | @axioncryptonews
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#HYPE #Scalping #DeFi #Layer1 #AxionNews
HYPE has just retested a favorable selling zone on the 5-minute chart—scalpers, keep an eye on it.
Price touched the entry zone, then the candle closed and bounced away. The retest is complete. The plan is to place a pending order in the zone; don’t chase the price.
🔹 $HYPE | 74.66 USDT | SHORT (expecting the price to fall)
📊 Scalp trade. Reason: a bearish Order Block zone on M5, where sellers previously pushed the price down; the H4 trend is down, and M15 is also down; price has retested the entry zone.
🟢 Entry: 74.93 - 75.18
🔴 SL: 75.58 (+0.7%), just above the entry zone
🎯 TP1: 74.04 (-1.3%) | R:R 1:1.9
🎯 TP2: 73.22 (-2.4%) | R:R 1:3.5
⏰ Valid until: 14:02 10/11 (UTC+7)
✅ Filtered: aligned with the main H4 trend; the latest H1/H4/D1 candles show no strong momentum in the opposite direction.
⚠️ This trade goes against the D1 trend, so use only a small position size.
🔗 Compared with BTC over 90 days: correlation 0.56, beta 1.0. HYPE tracks BTC fairly closely, so be careful if BTC moves sharply.
❌ WHEN TO SKIP THE TRADE
- If price hits TP1 at 74.04 before the pending order fills, consider it missed—don’t chase.
- If price hits SL at 75.58.
- If the order hasn’t filled by 14:02 10/11.
🛡 PROTECT YOUR CAPITAL FIRST
For example, with a 1,000 USDT account and 0.5% risk tolerance = 5 USDT: the SL is 0.70% from the midpoint of the zone, so the position value would be about 716 USDT, excluding fees and slippage. Don’t use high leverage.
Posted at 12:02 10/11 (UTC+7). This is a conditional plan, not verified against historical data, and is not investment advice.
📰 Axion News | @axioncryptonews
💬 Which coins are you watching? Leave a comment and share. If you find this post useful, please like and share 👍
#HYPE #Scalping #DeFi #Layer1 #AxionNews
