$HYPE SHORT 75x đ» | The short thesis remains valid as long as supply keeps rejecting the upside.
HYPE has entered the key zone where sellers need to step in and confirm the setup. Iâm already positioned, but if buyers reclaim the invalidation level, Iâll exit immediately.
đ Trade Plan
âą Entry: 79.08843 â 79.54619
âą TP1: 77.66937
âą TP2: 76.57074
âą TP3: 74.92280
âą SL: 81.51457
đ Why this setup?
âą The 4H structure still supports the short idea, despite the bullish 1D trend.
âą Price rejected the 79.08843â79.54619 supply zone around 79.31731.
âą 15M RSI near 29 shows downside momentum is already stretched, making seller defense crucial.
âą Volume is active at 1.71x pace, with 422.82K traded vs. 247.57K expectedâshowing strong participation on the sell side.
The setup is clear. Execution is up to you.
Which confirmation would trigger your entry: the supply-zone rejection, or waiting for a candle close? đ
Trade smart and manage your risk.
HYPE has entered the key zone where sellers need to step in and confirm the setup. Iâm already positioned, but if buyers reclaim the invalidation level, Iâll exit immediately.
đ Trade Plan
âą Entry: 79.08843 â 79.54619
âą TP1: 77.66937
âą TP2: 76.57074
âą TP3: 74.92280
âą SL: 81.51457
đ Why this setup?
âą The 4H structure still supports the short idea, despite the bullish 1D trend.
âą Price rejected the 79.08843â79.54619 supply zone around 79.31731.
âą 15M RSI near 29 shows downside momentum is already stretched, making seller defense crucial.
âą Volume is active at 1.71x pace, with 422.82K traded vs. 247.57K expectedâshowing strong participation on the sell side.
The setup is clear. Execution is up to you.
Which confirmation would trigger your entry: the supply-zone rejection, or waiting for a candle close? đ
Trade smart and manage your risk.