🚨 $HYPE – SHORT ALERT 🚨

HYPE
HYPEUSDT
38.76
-2.92%

Key Level: 29.53 🚫 — rejection confirmed, this flips the bias.

Trade Plan:

Entry: 29.47365 – 29.58635 🟩

Stop Loss: 29.86809 🛑

Targets:

🎯 TP1 – 29.19191

🎯 TP2 – 29.07921

🎯 TP3 – 28.85381

Setup Insight:

Range regime with ATR 1H at 0.22500 → compressed, ready to move.

RSI 15m at 46.76 → rallies remain sellable until a reclaim.

Shorts lean on the 29.586 entry high; liquidity likely above 30.20147.

Funding: 0.00167%.

Thesis:

Trade is valid as long as 29.86809 holds.

Question to watch:

Will price break down toward 29.19191, or squeeze back through 30.20147?

📉 Trade here 👇

#HYPE #CryptoTrading #ShortSetup #Bearish