$HYPE USDT : Daily and 4-hour charts are strongly bearish, with the price below the key moving averages. However, the hourly chart shows a bullish counter increase, creating a perfect opportunity for a short sale. "Why now" is the momentum: we are waiting for a 15-minute RSI drop below 50, indicating that the hourly increase has been exhausted. This will be our trigger to enter a short position, targeting a move back to the daily lower range. The larger bearish trend is aligned and ready to resume.
Executable setup now (short)
Entry: market at 29.260962 – 29.465038
TP1: 28.750775
TP2: 28.5467
TP3: 28.13855
29.975225 :Stop loss
$HYPE

HYPEUSDT
Perp
26.65
-8.20%
