$HYPE is advertising bullishness — I’m looking for the moment it gets denied.

$HYPE - SHORT

Trade Plan:

Entry: 31.053 – 31.353

SL: 32.101

TP1: 30.305

TP2: 30.006

TP3: 29.407

Why this setup?

4h setup is clean because the invalidation is obvious and the entry is tight.

With the 1D trend is range-bound, so location matters, the trade only needs one thing: confirmation inside (31.053-31.353).

Confirm it and TP1 at 30.305 is the first objective; extension is a bonus. Lower TF RSI shows no extreme oversold, leaving room for the move to develop.

Acceptance beyond 31.553 cancels the play.

Debate:

Do we tap 30.305 first, or does price reclaim above 31.553 and invalidate the setup?

Trade here 👇 and comment your bias!