$HYPE — bounce is getting sold, supply still in charge

This push up didn’t change the structure. Price moved into resistance and immediately got rejected again, making it clear that sellers are still defending this zone aggressively.

The bounce lacks conviction, momentum dries up quickly on upside attempts, and there’s no acceptance above resistance. That keeps this move firmly in corrective territory rather than a real trend shift.

As long as $HYPE stays below the rejection area, the path of least resistance remains lower, with price likely rotating back toward deeper demand.

Short $HYPE

Entry: 28.7 – 29.4

Stop Loss: 31.0

TP1: 27.4

TP2: 25.9

TP3: 24.3

Rallies into supply are still sell-side opportunities. Bias stays short until price proves otherwise.

Trade $HYPE here 👇

If you want, I can tighten this into a one-liner banger, a follow-up update post, or a thread version for higher engagement.

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