$HYPE

HYPEUSDT
Perp
29.58
+2.82%
/USDT: The price is below all significant moving averages, indicating a bearish 4H chart. We observe the same weak structure on the 1H. With the 15m RSI falling below 50, momentum is currently declining, indicating a new wave of selling pressure. The subsequent leg lower is triggered by this. Targeting the support zones below, a break below the 1H low indicates that sellers are in charge. Take a position.
Implementable Setup Right Now (SHORT)
Market entry: 27.776447–28.045795
TP1: 27.103079
TP2: 26.833731
TP3: 26.295036
SL: 28.719164