๐ป $HYPE โ SHORT SETUP | TOP REJECTION โ ๏ธ
$HYPE is trading near the highs after a powerful rally, but the setup is now showing pullback risk. With a major token unlock scheduled for September 6, volatility and profit-taking pressure could increase around the highs.
๐ SHORT BIAS: Rejection near current highs
๐ฏ TP1: $80
๐ฏ TP2: $75
๐ SL: Above the previous high
๐ Key: Failure to hold the highs โ $80 โ $75 downside levels come into focus.
โ ๏ธ High-risk short: HYPE remains structurally strong, so wait for clear rejection/confirmation. Donโt blindly short strength.
SHORT BIAS ๐
DYOR โข NFA
#HYPE #Hyperliquid #ShortSetup #CryptoTrading
$HYPE is trading near the highs after a powerful rally, but the setup is now showing pullback risk. With a major token unlock scheduled for September 6, volatility and profit-taking pressure could increase around the highs.
๐ SHORT BIAS: Rejection near current highs
๐ฏ TP1: $80
๐ฏ TP2: $75
๐ SL: Above the previous high
๐ Key: Failure to hold the highs โ $80 โ $75 downside levels come into focus.
โ ๏ธ High-risk short: HYPE remains structurally strong, so wait for clear rejection/confirmation. Donโt blindly short strength.
SHORT BIAS ๐
DYOR โข NFA
#HYPE #Hyperliquid #ShortSetup #CryptoTrading