🔴 $HYPE — Relief Bounce Into Resistance

Price is pushing into a key resistance zone, and this move looks more like a relief bounce than a true trend reversal. After the sharp selloff, price is retracing into the EMA cluster while momentum continues to fade. Structure remains bearish, with lower highs and limited buyer follow-through.$HYPE

Trade Plan (Short):

Entry: 22.0 – 22.5

Stop Loss: 23.3

Targets:

TP1: 21.0

TP2: 20.4

HYPE
HYPEUSDT
22.63
+6.31%

As long as price remains capped below resistance, downside continuation is the higher-probability scenario. Execute based on structure, respect risk levels, and use this setup for disciplined trade execution.#WEFDavos2026 #TrumpCancelsEUTariffThreat #WhoIsNextFedChair #hype