$HYPE is meeting overhead pressure — a deny can turn into continuation lower. 🔴

$HYPE - SHORT

Trade Plan:

Entry: 31.869 – 32.187

SL: 32.983

TP1: 31.074

TP2: 30.755

TP3: 30.119

Why this setup?

HYPE rollover setup idea on 4h, with 1D context = range-bound (focus on premium/discount zones). Key zone: (31.869-32.187) (midpoint 32.028). ATR 1H: 0.637 (~2.0%) → risk is quantifiable. RSI(15m): 71 → momentum allows downside to develop

If the zone confirms, 31.074 is the first checkpoint. 31.598 is the invalidation line — acceptance beyond it cancels the thesis. If it extends, 30.119 is the stretch level. Reclaim/acceptance beyond 31.598 invalidates.

Debate:

Is 31.074 the first magnet, or does weakness drag HYPE to 30.755?

Trade here 👇 and comment your bias!