$HYPE HITS DISTRIBUTION ZONE — SELLERS EXPECTED TO REGAIN CONTROL 🔥
Entry: 66.0 – 67.6 🔥
Target: 63.4 🚀
Stop Loss: 72.5 ⚠️
The recent rally has pushed price into a confirmed supply zone where aggressive selling previously overwhelmed buying. Momentum is fading as offers absorb demand at these levels — the 4H candle structure is already showing rejection wicks near 67.6. This creates a clean short setup with a defined invalidation above 72.5 and multiple liquidity pools stacked lower.
The R:R is asymmetric: risk of ~5 points to capture over 10 points on the first target alone. Are you watching this resistance for a short or waiting for a higher retest?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #DistributionZone #Crypto #Supply 🔥