$HYPE is setting a short that’s boring on entry and brutal on follow-through.
$HYPE - SHORT
Trade Plan:
Entry: 31.806 – 32.096
SL: 32.822
TP1: 31.080
TP2: 30.790
TP3: 30.209
Why this setup?
The 1d trend is range-bound, so location matters, while the 4h plan targets a move toward 31.080 first.
I’m watching lower timeframes for confirmation inside (31.806-32.096) — no guessing, just reaction.
Weakness confirms and we unwind; TP1 is the first checkpoint. Lower TF RSI shows no extreme oversold, leaving room for the move to develop.
Reclaim/acceptance beyond 32.891 invalidates this idea.
Debate:
Do we get a deny here and a drive to 31.080, or a hold above 32.891 that forces a trend shift?
Trade here 👇 and comment your bias!
HYPEUSDT
Perp
31.38
-5.09%