$HYPE is moving into a key resistance zone where bullish momentum may be starting to weaken. 📉

Trading Plan — SHORT $HYPE

📍 Entry Zone: 38.2 – 40.2

🛑 Stop Loss: 42.0

🎯 TP1: 36.8

🎯 TP2: 34.8

🎯 TP3: 32.8

The latest rally is beginning to look overstretched, with upside momentum fading as price pushes deeper into a major supply area. Buyers appear to be losing strength near the highs while selling pressure continues to build overhead. If this resistance zone holds, a rejection here could trigger a wider downside move.

Trade $HYPE here 👇 $XRP

HYPE
HYPEUSDT
45.79
+10.62%

#Hyperliquid