$HYPE — Analysis & Trade Plan 📉⚡

HYPEUSDT

Perp

23.14

-6.95%

$HYPE Strong bearish momentum after rejection from 27.8. Market is making lower highs & lower lows. Current bounce looks like a weak consolidation, not a reversal. Bears still in control below key resistance.

🔴 SHORT (Preferred)

📍 Sell on pullback: 25.0 – 25.6

🎯 TP1: 24.0

🎯 TP2: 23.2

🎯 TP3: 22.5

🛑 SL: 26.4

🟢 LONG (Only if trend flips)

📍 Long only above & hold: 26.8

🎯 TP1: 27.8

🎯 TP2: 29.0

🛑 SL: 25.8

📌 Bias: Bearish

📌 Plan: Sell rallies, don’t rush longs

📌 Confirmation needed for longs