🔴 SHORT $HYPE | R:R 1:1.1
📍 Entry: 68.19 - 68.51
🛑 SL: 71.66 (+4.8%), based on the average daily range (ADR)
🎯 TP1: 64.71 (-5.3%) | R:R 1:1.1
$HYPE If it bounces back up to the M5 order block, I’ll look to short, but with a small position.
M5 scalp, 15/11, bearish bias, pending order, R:R up to 1:1.1. Price is currently 67.44 USDT; I’m not chasing it.
📊 Scalp trade. Rationale: a bearish Order Block zone on M5, where selling pressure previously pushed the price down; H4 trend is bearish, M15 is bearish.
⏰ Valid until: 22:12 15/11 (UTC+7) if not filled
If filled, hold until TP or SL. Skip the trade if the price hits 64.71 before the order is filled, hits 71.66, or the order remains unfilled past the expiry time.
This trade goes against the D1 trend, and this coin also tracks BTC closely, so use a small position only, risk 0.5% of the account, and avoid high leverage.
This is a conditional plan only, not investment advice.
Will HYPE bounce up to the entry zone, or drop straight down?
#HYPE #Bearish #AxionNews
📍 Entry: 68.19 - 68.51
🛑 SL: 71.66 (+4.8%), based on the average daily range (ADR)
🎯 TP1: 64.71 (-5.3%) | R:R 1:1.1
$HYPE If it bounces back up to the M5 order block, I’ll look to short, but with a small position.
M5 scalp, 15/11, bearish bias, pending order, R:R up to 1:1.1. Price is currently 67.44 USDT; I’m not chasing it.
📊 Scalp trade. Rationale: a bearish Order Block zone on M5, where selling pressure previously pushed the price down; H4 trend is bearish, M15 is bearish.
⏰ Valid until: 22:12 15/11 (UTC+7) if not filled
If filled, hold until TP or SL. Skip the trade if the price hits 64.71 before the order is filled, hits 71.66, or the order remains unfilled past the expiry time.
This trade goes against the D1 trend, and this coin also tracks BTC closely, so use a small position only, risk 0.5% of the account, and avoid high leverage.
This is a conditional plan only, not investment advice.
Will HYPE bounce up to the entry zone, or drop straight down?
#HYPE #Bearish #AxionNews
