SHORT $HYPE

Entry: $39–$40

Stoploss: $41.5

Targets: $36-$34.6-$30

$HYPE is showing repeated rejection at the local highs → clear signs of distribution as price fails to hold above resistance. High volume without follow-through suggests weakening buying pressure.

Current structure leans toward a breakdown if support gives way → downside can accelerate as trapped longs exit. This is a clean resistance-based short with solid risk-reward as momentum stalls.

Trade $HYPE here 👇

HYPE
HYPEUSDT
40.88
-0.68%