$HYPE Signal: Shorting the Relief Bounce

The bounce on $HYPE is getting faded again. 📉

Price pushed higher but failed to hold above local resistance. This confirms the move was corrective, and sellers are stepping back in on strength. Here is the technical setup:

📉 Direction: SHORT

🚪 Entry Zone: 28.9 – 30.3

🛑 Stop Loss (SL): 32.0

🎯 Targets (TP):

1️⃣ 27.6

2️⃣ 25.9

3️⃣ 24.2

Analysis: Market structure is rolling over into lower highs. If this supply zone keeps capping price, we are likely heading down to test lower liquidity.

Are you taking this setup? 👇

#HYPE #TradingSignals #CryptoTrading #BinanceSquare #talhablogger

HYPEUSDT

Διην.

26.86

+3.56%