⚠️ $HYPE Is Losing Ground Sellers Are Applying Pressure!
Hyperliquid is trading near $78.41 on the 15-minute chart. Price has been making lower highs and recently slipped below $78.80. The short-term structure currently favors sellers.
🎯 My Short Trade Setup
Entry: 78.808 – 78.417 Stop-loss: 80.562
TP1: 77.900 TP2: 76.500 TP3: 74.727
The focus is on whether sellers can maintain pressure below $78.80. A recovery above resistance would weaken this setup.
Would you follow the downside momentum or wait for a reversal in $HYPE ?