$HYPE Short scalp

Entry: 57.8 - 58.6

Target: 54.8 - 52.5 - 50

Stoploss: 61.8

HYPE went almost vertical in the last move, so this looks more like a cooldown phase than a fresh breakout. Price is struggling to hold near the highs and volatility is getting weaker, which usually leads to a short-term retrace before the next big move.

HYPE
HYPEUSDT
71.48
+4.53%