$HYPE 4H Structure update.

Price is compressing against diagonal resistance. This falling wedge structure often precedes a violent move. We are sitting on local support, but the trend is still your enemy until proven otherwise.

The Plan:

Wait for the S/R flip above $26.50 to confirm strength. If we reclaim that, the road to $29.39 is open.

Shorting here is late, longing is early. Let the market show its hand.

Invalidation: New lows below $22.20 opens the trap door to goblin town.

#HYPE #Crypto #Trading #PriceAction