The bounce is getting interesting, but sellers still have a clean shot if HYPE fails to reclaim the upper range.
Entry: 92.067 - 92.258
TP1: 91.567
TP2: 90.906
SL: 92.595
On 15m, the tone is still leaning bearish with price stuck below the previous 92.903 area. Momentum has cooled a little, but the selling pressure hasn’t disappeared, while the weak breakdown volume makes a retest more attractive than blindly shorting the move.
The bigger picture is messy. 1h still has buyers trying to hold the trend, while 4h remains bullish but stretched. That makes this a sharper short-term trade rather than a clean higher-timeframe reversal. HYPE just went through its Binance listing event too, so expect some wild candles around these levels.
Entry: 92.067 - 92.258
TP1: 91.567
TP2: 90.906
SL: 92.595
On 15m, the tone is still leaning bearish with price stuck below the previous 92.903 area. Momentum has cooled a little, but the selling pressure hasn’t disappeared, while the weak breakdown volume makes a retest more attractive than blindly shorting the move.
The bigger picture is messy. 1h still has buyers trying to hold the trend, while 4h remains bullish but stretched. That makes this a sharper short-term trade rather than a clean higher-timeframe reversal. HYPE just went through its Binance listing event too, so expect some wild candles around these levels.
