🔥 $HYPE rally is overstretched as supply begins to weigh on price.

SHORT: $HYPE

Entry: 301 – 302

Stop-Loss: 33.5

🎯 TP1: 29.0

🎯 TP2: 27.2

🎯 TP3: 25.4

After the sharp spike, price is showing signs of exhaustion near the highs. Breakouts are failing to extend cleanly, and each upward push is quickly met with renewed selling pressure. Buyers appear hesitant to confidently defend elevated levels.

Downside reactions are becoming smoother and more structured, suggesting sellers are leaning into strength. As long as 33.5 remains intact, the setup favors continuation toward the lower targets.

Trade $HYPE here 👇

HYPEUSDT

Perp

30.9

-1.82%

#MarketRebound #CPIWatch #USNFPBlowout #TrumpCanadaTariffsOverturned #hype