$HYPE is failing to reclaim — that’s how the next leg down starts. 🔴

$HYPE - SHORT

Trade Plan:

Entry: 29.52410 – 29.72590

SL: 30.23037

TP1: 29.01963

TP2: 28.81783

TP3: 28.41425

Why this setup?

HYPE is in a sell-side structure plan on 4h; the 1D context is range-bound, so levels matter most. Key zone: (29.524-29.726) (midpoint 29.625). ATR 1H sits at 0.404 (~1.4%) → not a wide-open regime. 15m RSI: 34 → momentum allows downside to develop

Hold 31.515 as the line in the sand; 29.020 is the first checkpoint (~2.0%). RR≈0.32. If follow-through accelerates, 28.414 is the extension (~4.1%, RR ~0.64). Acceptance beyond 31.515 cancels the idea.

HYPE
HYPEUSDT
26.4
-9.33%

#BTCFellBelow$69,000Again #OpenClawFounderJoinsOpenAI #VVVSurged55.1%in24Hours #PEPEBrokeThroughDowntrendLine