Wait… don’t rush this one.

$HYPE dip got sold into fast, and the bounce is losing energy near resistance.

This looks more like distribution than continuation now.

Short $HYPE

Entry: 34.8 – 36.0

SL: 38.5

TP1: 33.0

TP2: 31.0

TP3: 29.0

Selling pressure is starting to stick, upside attempts are getting rejected quicker, and momentum is fading after the run. If price keeps failing to reclaim the highs, downside continuation stays in play as late buyers unwind.

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