HYPE is slumping below the 50‑day EMA, fighting to hold the 0.78 resistance. Volume spikes hint the bears are gaining steam.
🔴 $HYPE SHORT 📉 — Trade Plan
• Entry: $84.8131 – $84.9829
• Stop: $87.4449 (-3.0%)
• Target 1: $83.6245 (+1.5%)
• Target 2: $80.6531 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure broke on a clear CHoCH as price ripped through the last swing high, and the CVD turned negative confirming the sell pressure. A fresh FVG aligns with an order block that just turned hostile, creating a POI where the OB and FVG overlap. The recent liquidity sweep erased short‑term buying, setting the stage for a short entry.
A 3.0% stop is tight on this volatility, so stick to no more than 5× leverage.
Take half off the table once price hits the first target around 0.71.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$HYPE #HYPEUSDT #ETH #TradingSignals #Write2Earn
🔴 $HYPE SHORT 📉 — Trade Plan
• Entry: $84.8131 – $84.9829
• Stop: $87.4449 (-3.0%)
• Target 1: $83.6245 (+1.5%)
• Target 2: $80.6531 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure broke on a clear CHoCH as price ripped through the last swing high, and the CVD turned negative confirming the sell pressure. A fresh FVG aligns with an order block that just turned hostile, creating a POI where the OB and FVG overlap. The recent liquidity sweep erased short‑term buying, setting the stage for a short entry.
A 3.0% stop is tight on this volatility, so stick to no more than 5× leverage.
Take half off the table once price hits the first target around 0.71.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$HYPE #HYPEUSDT #ETH #TradingSignals #Write2Earn