$HYPE is testing resistance — rejection here can pull price back fast. 🔴

$HYPE - SHORT

Trade Plan:

Entry: 29.815 – 30.113

SL: 30.858

TP1: 29.070

TP2: 28.772

TP3: 28.176

Why this setup?

HYPE rejection-driven move structure on 4h with range-bound 1D context guiding location. Risk box: (29.815-30.113) (mid 29.964). RSI 15m: 34 → momentum allows downside to develop. ATR 1H: 0.596 (~2.0%).

Execute from (29.815-30.113); 29.070 is first target if it follows through. Beyond 31.564, this setup is wrong. If follow-through accelerates, extension is 28.176.

Debate:

Is this a controlled drop into 29.070, or a deeper unwind to 28.176?

Trade here 👇 and comment your bias!