$HYPE – Price stalling mid-range after strong move
Trading Plan (Short)
Entry: 39.5 – 41.5
SL: 44.0
TP1: 38.5
TP2: 37.0
TP3: 35.0
$HYPE is currently trading around 39.59, sitting between the 38.589 support and 43.715 resistance after a strong move up. The 1H structure shows momentum starting to slow, with price failing to push aggressively toward resistance.
After a sharp rally, this kind of mid-range consolidation often signals exhaustion, and sellers may start stepping in. A move back toward 38.5 support could trigger further downside if buying pressure fades.
Trade $HYPE here 👇
HYPEUSDT
Perp
39.68
+3.30%