$HYPE is pushing aggressively into a key reaction ceiling where the uptrend is starting to look vulnerable and a potential reversal zone is coming into play.
Trading Plan Short $HYPE
Entry: 41.2 – 42.5
SL: 45.0
TP: 39.0
TP: 36.0
TP: 33.0
The recent advance has carried price deep into a high-pressure resistance zone where upside momentum is losing efficiency and strength. Instead of clean continuation, the move is showing signs of exhaustion with weaker follow-through.
This structure hints that supply is actively absorbing late buyers, limiting breakout potential and increasing the probability of a rejection. If this zone holds firm, it could trigger a downside rotation and develop into a broader corrective phase.
Stay disciplined, manage risk carefully, and be ready to capitalize if the rejection confirms.
DYOR
HYPEUSDT
Perp
40.03
-5.19%