$HYPE BEARISH CONTINUATION TARGETING $55 AS MOMENTUM FADES ๐
Entry: 66.50 - 67.30 ๐ฅ
Target: 63.00 ๐
Stop Loss: 69.20 โ ๏ธ
HYPE has failed to reclaim the 67.30 resistance zone three times, each attempt printing a lower high. This pattern of buyer exhaustion aligns with declining volume on the 4H timeframe. The next major demand zone sits at 55.00, providing a clean risk-to-reward for a short swing.
The structure is bearish and the momentum shift is confirmed โ the question is whether price sweeps 66.50 first or breaks directly lower. Are you shorting this level or waiting for a retest of resistance?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #Bearish #Breakdown #Crypto
๐ฅ
Entry: 66.50 - 67.30 ๐ฅ
Target: 63.00 ๐
Stop Loss: 69.20 โ ๏ธ
HYPE has failed to reclaim the 67.30 resistance zone three times, each attempt printing a lower high. This pattern of buyer exhaustion aligns with declining volume on the 4H timeframe. The next major demand zone sits at 55.00, providing a clean risk-to-reward for a short swing.
The structure is bearish and the momentum shift is confirmed โ the question is whether price sweeps 66.50 first or breaks directly lower. Are you shorting this level or waiting for a retest of resistance?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #Bearish #Breakdown #Crypto
๐ฅ