$HYPE IS HITTING A MAJOR SUPPLY WALL AND LOOKS READY TO REVERSE 📉
Entry: 61.9 - 63.7 🔥
Target: 57.0, 51.0, 44.0 🚀
Stop Loss: 68.0 ⚠️
The recent price recovery into this zone appears corrective rather than a genuine trend reversal. We are seeing $HYPE approach a heavy supply area where sellers have historically stepped in to defend their positions.
By keeping the stop loss above the major liquidity zone at 68.0, we leave enough room for a final sweep before the downside momentum takes over. The potential for a move toward the lower liquidity levels makes this a high-reward setup if the resistance holds. Do you see this as a local top or just a pause before further upside?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #CryptoTrading #TechnicalAnalysis
🎯