🔥 $HYPE SHORT SETUP LOADING… 📉⚡
HYPE is showing a classic relief bounce into resistance after sweeping liquidity from the lows (~20–25). Buyers pushed it up fast… but now it’s running straight into a strong rejection zone 👀
📊 Current Price: ~41.04
📈 Bounce Status: First liquidity target already hit
⚠️ Structure: Still bearish on higher timeframe (lower highs forming)
🚨 Key Scenario:
Price may spike into 44–46 zone → but rejection is likely there 💀
🎯 Downside Targets:
➡️ 30–32 (first liquidity grab)
➡️ Below 20 (major sweep zone) 📉
This looks like a distribution phase after a relief rally, not a true trend reversal.
💡 Translation:
Up move = trap potential
Down move = liquidity hunt continuation
⚠️ If rejection confirms, momentum could flip FAST.
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#BearishSetup #JointEscapeHatchforAaveETHLenders #StrategyBTCPurchase