$HYPE JUST LOST $80 BEARS ARE NOT PLAYING!
$HYPE got rejected near $82 and has dropped sharply to $78.89
Buyers are struggling and the breakdown below $80 is giving serious bearish vibes. If $78.80 fails to hold, another leg down could follow.
SHORT Setup
Entry: $78.80–$79.30
TP1: $78.00
TP2: $77.20
TP3: $76.50
Invalidation: Above $80.20
A confirmed break below $78.80 would strengthen the bearish case. Watch out for a quick rebound after such a sharp drop.
Are bears about to take this even lower?
$HYPE got rejected near $82 and has dropped sharply to $78.89
Buyers are struggling and the breakdown below $80 is giving serious bearish vibes. If $78.80 fails to hold, another leg down could follow.
SHORT Setup
Entry: $78.80–$79.30
TP1: $78.00
TP2: $77.20
TP3: $76.50
Invalidation: Above $80.20
A confirmed break below $78.80 would strengthen the bearish case. Watch out for a quick rebound after such a sharp drop.
Are bears about to take this even lower?