⚡ $HYPE Scalp Short | M15 Timeframe
appears to be showing signs of a local top on the M15 timeframe after an extended push higher. Momentum is slowing, making room for a short-term pullback.
This is a scalp setup, targeting a quick reaction move rather than a trend reversal. I’m testing a small short here and watching for lower levels to potentially build a spot position.
🔻 Short Setup
Entry: Market (Now)
Stop Loss: 33.555
Take Profit: 1R → 32.4
Risk is defined, trade is tactical. If price fails to hold current levels, continuation lower becomes likely in the short term.
Trade responsibly & good luck 🤞
Trade $HYPE 👇
HYPEUSDT | Perp
Price: 32.96 (+4.88%)
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