$HYPE – Pushing into resistance, upside momentum fading
Trading Plan Short $HYPE (max 10x)
Entry: 40.2 – 42.3
SL: 44.8
TP1: 38.0
TP2: 35.3
TP3: 32.5
Price is pressing into a resistance shelf but the rally is starting to lose momentum. Upside continuation no longer expands cleanly, and the move looks increasingly stretched into supply.
The structure suggests buyers may be running into absorption while seller pressure starts building overhead. If this zone holds as resistance, rejection could trigger a broader downside rotation.