The SKHYNIX strategy shared earlier has already been successfully realized for profit this round. This is not validation, but movement speaking. $HYPE On the 4-hour timeframe, price is suppressed below EMA50 and EMA200, the moving averages are in a bearish alignment, the 1-hour structure is weakening in sync, and the short-term and swing directions have already aligned. What I care about more is the volume on rebounds—every pullback lacks real-body follow-through, which means overhead selling pressure is still dominant.
Under this structure, price is more likely to move in the direction of least resistance, which is to test the previous low area to the downside. A rebound is not impossible, but before the moving averages are reclaimed, I prefer to view it as a repair of a bearish structure rather than a trend reversal.
🔴 Trading direction: Short
📍 Entry range: 71.63349 – 71.84087
🛑 Stop loss: 73.98789
🎯 Take profit 1: 70.04916
🎯 Take profit 2: 68.92380
🎯 Take profit 3: 67.23577
Observe the breadth of mountains and seas, perceive the subtlety of the market.
Walk with Brother Xiong, and see the gains and losses of heaven and earth.
#HYPE
Click below to trade 👇
Under this structure, price is more likely to move in the direction of least resistance, which is to test the previous low area to the downside. A rebound is not impossible, but before the moving averages are reclaimed, I prefer to view it as a repair of a bearish structure rather than a trend reversal.
🔴 Trading direction: Short
📍 Entry range: 71.63349 – 71.84087
🛑 Stop loss: 73.98789
🎯 Take profit 1: 70.04916
🎯 Take profit 2: 68.92380
🎯 Take profit 3: 67.23577
Observe the breadth of mountains and seas, perceive the subtlety of the market.
Walk with Brother Xiong, and see the gains and losses of heaven and earth.
#HYPE
Click below to trade 👇