$HYPE

Market still under strong bearish pressure after a heavy breakdown on 1H.

Weak bounce, sellers defending every push up → looks like a continuation move.

🔻 Entry: 29.10 – 29.40

🛑 SL: 30.40

🎯 TP1: 28.50

🎯 TP2: 27.80

🎯 TP3: 27.00

Trade Explanation:

Price trading below VWAP with clear downtrend structure. Current move looks like a relief pullback before another leg down. Shorts favored while below 30.3–30.5 resistance.

Manage risk. Don’t overleverage.

HYPEUSDT

Perp

29.24

-11.35%