đš $HYPE is starting to look dangerous again, and this time Iâm watching the buyers, not the bounce. đđ
Iâm opening a BIG SHORT on $HYPE here.
Entry: $80.47 â $82.93
TP1: $79.25
TP2: $76.80
TP3: $75.16
SL: $88.60 đđ»
Because $HYPE is showing signs of weakening momentum, and a rejection near the current range could open the door to another move lower.
Thatâs where I get interested.
If buyers keep trying to push price higher but fail to sustain the move, late longs could find themselves trapped. And when confidence starts fading, those positions can become downside liquidity.
Iâm watching the $80.47â$82.93 zone closely. If price rejects this area and sellers regain control, the lower targets could come into play.
But if buyers reclaim strength, Iâm not going to ignore the risk. The $88.60 stop-loss marks the invalidation level for this setup.
After momentum starts fading, the real question is whether buyers can recover or if sellers are preparing for another leg down. đđ„
Iâm opening a BIG SHORT on $HYPE here.
Entry: $80.47 â $82.93
TP1: $79.25
TP2: $76.80
TP3: $75.16
SL: $88.60 đđ»
Because $HYPE is showing signs of weakening momentum, and a rejection near the current range could open the door to another move lower.
Thatâs where I get interested.
If buyers keep trying to push price higher but fail to sustain the move, late longs could find themselves trapped. And when confidence starts fading, those positions can become downside liquidity.
Iâm watching the $80.47â$82.93 zone closely. If price rejects this area and sellers regain control, the lower targets could come into play.
But if buyers reclaim strength, Iâm not going to ignore the risk. The $88.60 stop-loss marks the invalidation level for this setup.
After momentum starts fading, the real question is whether buyers can recover or if sellers are preparing for another leg down. đđ„