$HYPE
🧠 Quick analysis
• The closing price below EMA50 (29.34) & EMA100 (30.66) → clear DOWN trend
• The strong red candle just now broke the bottom of the range 28.0
• RSI(6) ~28 → short-term oversold but no reversal signal yet
• MACD negative & expanding → selling pressure continues
• L/S Ratio ~1.88 → Long crowded → easy to get pushed down further
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🎯 Preferred trade: SHORT following the trend
Entry (Short):
• Retracement zone: 28.1 – 28.4
Take Profit:
• TP1: 27.20
• TP2: 26.85 (previous low 4H)
• TP3: 26.30 (if BTC weak)
Stop Loss:
• 29.35 (above EMA50 – breaks short structure)
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⚠️ Note strategy
• Low RSI → do not chase short at current price
• Wait for a technical retracement up to small EMA50/resistance 28.x then enter
• If the 4H candle closes above 29.4 → cancel short trade
