$HYPE /USDT — Short Bearish 📉

$HYPE testing resistance again — price is forming what could be another lower high.

📊 Trading Plan:

🔴 Entry Zone: 26.700 – 26.890

🎯 Targets:

TP1: 24.750

TP2: 23.700

TP3: 21.600

🛑 Stop Loss: 28.300

The current push higher looks more like a relief bounce than a true breakout. There’s no strong momentum expansion, and buyers are struggling to hold gains. Each move up is meeting supply quickly, which keeps the broader bearish structure intact.

If this area rejects once more, downside liquidity becomes the likely target. The overall setup still leans bearish unless price can reclaim and hold above resistance with strong volume.