🚨 $HYPE just lost both EMAs — and sellers are stepping in.

🔴 SHORT $HYPE

HYPE
HYPEUSDT
28.37
-4.83%

Entry: $29.00 - $29.05

SL: $30.00

TP1: $28.66

TP2: $28.20

TP3: $27.50

Price has broken decisively below both EMA(20) at $29.377 and EMA(50) at $29.753 after failing to hold the 24h high. The structure shows lower lows forming, with momentum accelerating to the downside. Order flow shows 51.13% ask pressure, confirming seller conviction at this breakdown level.

Invalidation is a daily close back above the EMA cluster at $29.75, which would signal a potential false breakdown.

Are you shorting this move or waiting for a retest of broken support?