$HYPE is facing resistance near the overhead supply zone as recent upside attempts begin to lose momentum.


Trading Plan SHORT: HYPE

Entry: 29 – 29.5

Stop-Loss: 31

TP1: 26.9
TP2: 25.3
TP3: 23.8

$HYPE has rallied back into a prior breakdown area but follow-through remains weak, suggesting the move is more corrective than impulsive. Price shows hesitation near the upper range, with rejection signals indicating sellers are actively defending this zone. If supply continues to hold and buyers fail to build acceptance above resistance, the structure favors a rotation lower toward the defined downside targets.

Click and Trade $HYPE here 👇

HYPE
HYPEUSDT
29.81
-1.06%