🔴 $HYPE /USDT – BEARISH REVERSAL ALERT! SELLERS TARGET LOWER SUPPORT ZONES HYPE/USDT is showing increasing bearish pressure on the 4-hour chart after facing strong rejection from the $97.74 resistance zone. Price has experienced a sharp correction and is now consolidating around $87.66, with sellers maintaining control below the $88.66 resistance level. The formation of lower highs suggests bearish momentum, while a potential Break of Structure (BOS) below $87.15 could trigger another downward move. A pullback toward the $88.00–$88.60 supply zone followed by bearish rejection could offer a short opportunity. SHORT SETUP: Entry: $88.00–$88.60 | TP1: $87.15 | TP2: $85.00 | TP3: $83.53 | Stop Loss: $90.00. Watch for a liquidity grab, bearish displacement, and confirmed rejection before entering. If buyers reclaim $88.66 with strong volume, the bearish setup may weaken. Stay disciplined, wait for confirmation, and follow for more technical trading setups!
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