$HYPE bounce continues to get sold into, supply firmly in control.
Trading Plan Short $HYPE
Entry: 28.9 – 30.3
SL: 32.0
TP1: 27.6
TP2: 25.9
TP3: 24.2
$HYPE attempted to push higher but couldn’t secure acceptance above the nearby resistance zone, signaling the move was more corrective than impulsive. Each bounce is meeting fresh supply, and price structure is beginning to transition into a series of lower highs a sign that sellers are gradually tightening control.
As long as this supply area continues to cap upside attempts, the path of least resistance leans lower.
Liquidity sitting beneath recent swing lows becomes the magnet, especially if downside momentum starts expanding. Failure to reclaim and hold above 32.0 keeps the bearish structure intact.
HYPEUSDT
Διην.
29.22
-1.05%