$HYPER Short Bias Setup

$HYPER saw a sharp vertical spike but faced a strong rejection at intraday resistance, signaling potential top-side exhaustion. The failed breakout, combined with lower wicks forming into supply, presents a clean short-scalp opportunity as long as price remains capped below the resistance zone.

If bulls fail to reclaim that level, downside momentum is likely to continue toward lower support areas.

Trade Plan

Entry: 0.1570 – 0.1585

TP1: 0.1505

TP2: 0.1403

Stop Loss: 0.1627

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HYPER

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