$HYPE has been running hard, but on the 15m chart price is now entering a key supply zone where sellers previously stepped in.
The trend is still strong bullish but if BTC takes a dip $HYPE will also suffer
also strong trends also need pullbacks.
Most traders are buying because they think the next candle will send it straight higher.
i may play this Setup 👇🏻
$HYPE Short
Entry Zone: $60.50 - $61.10
SL: $62.20
TP1: $59.10
TP2: $57.80
The trend is still strong bullish but if BTC takes a dip $HYPE will also suffer
also strong trends also need pullbacks.
Most traders are buying because they think the next candle will send it straight higher.
i may play this Setup 👇🏻
$HYPE Short
Entry Zone: $60.50 - $61.10
SL: $62.20
TP1: $59.10
TP2: $57.80