🔥 $HYPE (Hyperliquid) SHORT SETUP 🍎

📍 Entry Zone: $39.924 – $40.214

🎯 Targets: $39.624 | $38.784 | $37.974

🛡️ Stop Loss: $41.304

#hype is showing signs of a blow-off top after a massive rally, hitting a heavy wall at the $40.20 resistance. With a double-top structure forming on the 15m chart and volume starting to peak, the momentum is ripe for a healthy mean-reversion move toward the MA(25).

The risk-to-reward is looking sharp here; as long as the price stays below the recent local high, the bears are likely to push for a retest of the MA(99) support levels. Play it smart and keep your stops tight.

Do you think this is a trend reversal or just a breather before $45? Let’s hear your take in the comments! 🍏

HYPEUSDT

Perp

38.87

-2.63%