$HYPE keeps bouncing — and keeps getting sold.

Every rally into 29–30 is met with supply.

No acceptance above resistance.

No real follow-through.

That’s not strength. That’s distribution.

Lower highs are forming quietly.

Momentum isn’t expanding up — it’s compressing under supply.

When price can’t reclaim, it usually rotates lower to find liquidity.

Trading Plan — Short $HYPE

Entry: 28.9 – 30.3

SL: 32.0

TP1: 27.6

TP2: 25.9

TP3: 24.2

If this ceiling holds, the magnet sits below recent swing lows.

Let structure do the work.

Trade $HYPE here 👇

HYPE
HYPEUSDT
28.72
-2.04%