📉 $HYPE Rejected from the $34,000 top, momentum flipped fast.
Trading Plan (Short):
Entry: $32.70 – $33.30
SL: $34.40
TP: $30.88
HYPE failed to hold the $34,000 handle and rolled over hard.
The sharp drop back below the EMA shows sellers stepping in aggressively.
Looking for a move back toward the old support where the breakout started.
As long as price stays below $34,300, the short idea stays clean.
Short $HYPE 👇
HYPEUSDT
Perp
32.29
+1.86%