$HYPE 🐂🐂

HYPEUSDT

Perp

31.89

+1.75%

bounce is clearly losing strength here. Follow-through is fading, and sellers are stepping back in right around resistance.

I’m looking to short $HYPE.

Entry: 29.6 – 31.2

SL: 32.5

TP1: 28.2

TP2: 26.4

TP3: 24.6

The upside pushes aren’t holding. Buyers don’t look strong enough to defend this rebound, and every move up is getting sold into. Downside reactions are getting cleaner, and the flow feels heavy with supply.

If sellers stay active from here, I’m expecting continuation lower.