$HYPE - SHORT trade plan (x20)
$HYPE at 77.6: bounce or another leg down?
TRADE PLAN
Entry zone: 77.6 - 77.7 (ref 77.67)
TP1: 76.42 (+1.60%)
TP2: 75.12 (+3.28%)
TP3: 74 (+4.72%)
Stop loss: 78.88 (-1.56%)
Both the 4-hour and 1-hour trend point down, with price sitting on the lower side of its main EMAs. The short idea rides that weak structure. Market orders are split almost evenly at 49.6% buys, so nobody is chasing either way.
⚠️ Personal market insight, not investment advice. DYOR.
$HYPE at 77.6: bounce or another leg down?
TRADE PLAN
Entry zone: 77.6 - 77.7 (ref 77.67)
TP1: 76.42 (+1.60%)
TP2: 75.12 (+3.28%)
TP3: 74 (+4.72%)
Stop loss: 78.88 (-1.56%)
Both the 4-hour and 1-hour trend point down, with price sitting on the lower side of its main EMAs. The short idea rides that weak structure. Market orders are split almost evenly at 49.6% buys, so nobody is chasing either way.
⚠️ Personal market insight, not investment advice. DYOR.