⚠️ $HYPE SHORT SETUP

Looking for a short around the 91.6–92.9 zone, with a tight invalidation above.

📍 Entry: 91.6 – 92.9
🛑 SL: 93.6
🎯 TP: 90 – 88

Short $HYPE 👇
HYPEUSDT Perp

On the bigger picture, I still believe HYPE can eventually push into 3-figure territory. But further down the road, I’d be watching for a deeper retracement toward the $60–70 area, where a significant FVG / NPOC sits.

I’m not expecting that move anytime soon. For now, the focus is on how HYPE behaves if it begins forming a longer-term range after a strong rally.

If that range develops, it could be an early sign of distribution. Until then, let $HYPE run.