$HYPE IS SHOWING WEAKNESS AND NEEDS A DEEPER RETEST BEFORE WE BID 📉
Entry: 55 🔥
Target: 52 🚀
The daily chart for $HYPE is looking heavy after failing to reclaim the upper range. Price has slipped below short-term momentum, signaling that buyers are losing their grip for now.
I am maintaining a short bias toward 55 while we wait for the price to find a more stable footing. The real opportunity sits in the 52 to 55 zone, where we have a clean double bottom structure on the daily timeframe. Do you think this support level will hold or should we expect a deeper flush?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #TradingStrategy #CryptoAnalysis
🎯
Entry: 55 🔥
Target: 52 🚀
The daily chart for $HYPE is looking heavy after failing to reclaim the upper range. Price has slipped below short-term momentum, signaling that buyers are losing their grip for now.
I am maintaining a short bias toward 55 while we wait for the price to find a more stable footing. The real opportunity sits in the 52 to 55 zone, where we have a clean double bottom structure on the daily timeframe. Do you think this support level will hold or should we expect a deeper flush?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #TradingStrategy #CryptoAnalysis
🎯