$HYPE close those shorts guys

$HYPE short thesis

The setup is simple. Price is below the middle band.

The path of least resistance is toward the lower band.
A clean break below 43.36 opens the trapdoor.

The next supports are 40.96, the recent low, and then 38.55.

Short entry between 44.30 and 44.50 for those taking the momentum.

The more conservative entry is on a break below 43.36 with volume.

Stop goes above 45.50, the recent swing high and the middle band level.

A reclaim of the middle band at 45.23 invalidates the short thesis. Until then, the bias is down.

{future}(HYPEUSDT)
{future}(LABUSDT)
{spot}(AIGENSYNUSDT)
$LAB $AIGENSYN

#HYPE