$HYPE is pushing into a major resistance zone where upside momentum may be running out of steam.
Trading Plan — Short $HYPE
Entry: 38.2 – 40.2
SL: 42.0
TP1: 36.8
TP2: 34.8
TP3: 32.8
The recent rally is starting to look overextended as momentum weakens deeper into supply. Price continuation is slowing near the highs, while seller pressure appears to be increasing overhead. Buyers are struggling to maintain control, and if this resistance continues to hold, a rejection could trigger a larger downside rotation toward lower support levels.
Trade $HYPE here 👇
Trading Plan — Short $HYPE
Entry: 38.2 – 40.2
SL: 42.0
TP1: 36.8
TP2: 34.8
TP3: 32.8
The recent rally is starting to look overextended as momentum weakens deeper into supply. Price continuation is slowing near the highs, while seller pressure appears to be increasing overhead. Buyers are struggling to maintain control, and if this resistance continues to hold, a rejection could trigger a larger downside rotation toward lower support levels.
Trade $HYPE here 👇