⚠️ $HYPE Rejected from Distribution Zone 📉🔥

🔴 SHORT $HYPE Setup

📌 Entry: $30.5 – $31.1

🛑 SL: $33.6

🎯 TP1: $28.9

🎯 TP2: $26.4

🎯 TP3: $23.5

$HYPE has pushed back into a previously rejected resistance zone after the recent bounce. 📊

Upside momentum is slowing, and price is struggling to establish strong acceptance above this area — a clear sign that sellers are defending supply.

If the structure starts forming lower highs, downside continuation becomes the higher-probability move. 📉

❌ This short idea becomes invalid if price reclaims and holds above resistance.

⚠️ Risk Reminder: Markets move fast — always protect your capital with a proper stop loss.

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HYPE
HYPEUSDT
31.79
+8.02%