🔴 $HYPE /USDT · Bias: SHORT
HYPE sits below stacked bearish EMAs on the 4h, so the swing trend is down.

Entry: 74.04180 – 74.21220
TP1: 72.54689 (-2.1%)
TP2: 71.49348 (-3.6%)
TP3: 69.91338 (-5.7%)
SL: 76.23381 (+2.8%)
Note: moderate conviction only, keep size light.

Why: The 4h trend shows price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is down.
Risk: Range bottom, buyers often step in (RSI z −2.85)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

Where do you place your first target on this short?


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