$HYPE is pushing into a key resistance zone where upside momentum may start fading.
Trading Plan — Short $HYPE
Entry: 40.3 – 42.3
SL: 45.0
TP: 38.0
TP: 35.2
TP: 32.4
The move higher is starting to look stretched as price trades into a region where rallies often weaken. Momentum is no longer expanding cleanly, and the structure hints that sellers may be stepping in to absorb late buyers.
If this zone continues to hold, a downside rotation could develop, opening the door for a deeper pullback.
HYPEUSDT
Perp
39.82
-0.39%