After an aggressive impulsive rally, $HYPER is now printing rejection wicks near the top with slowing momentum on the 1H. Price is struggling to hold above the recent spike zone, indicating distribution and a likely pullback phase. Failure to reclaim highs keeps downside pressure intact.
Short
Entry: 0.159 – 0.163
TP1: 0.145
TP2: 0.128
TP3: 0.110
Stop-Loss: 0.182
Momentum is fading after the vertical move, and volume shows exhaustion at highs favoring a corrective move before any continuation.