HYPER is getting absolutely destroyed right now, and that sweep of the 0.1056 level is all the confirmation I need to go short. The higher-time-frame trend is bearish, and we're seeing a textbook OB+FVG Sandwich zone setup - this is a classic smart money trap.
From a technical standpoint, the RSI is sitting at 40, indicating we're not yet oversold, and the volume is relatively low at 0.1x, which suggests a lack of conviction from the bulls. The SMC Score is a mediocre 4.1/10, further supporting the bearish case.
Here are the key trade levels:
- Entry: 0.10560
- Take Profit 1: 0.10206 (RR 3.5x)
- Take Profit 2: 0.09674 (RR 8.7x)
- Stop Loss: 0.10661
I'm shorting $HYPERUSDT at 0.1056, with a close eye on the order block zone. If we can break through the initial support, the downside potential is significant. For those following along, make sure to keep your position sizes reasonable and your stop loss tight.
Follow my signals for more updates, and let's ride this wave down together!
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