🚨 $HYPE – SHORT ALERT 🚨

HYPEUSDT
Perp
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 👇