$HYPE IS SLIDING FAST AFTER REJECTING THE KEY RESISTANCE LEVEL 📉
Entry: 64 🔥
Target: 57 🚀
We locked in a clean entry on $HYPE at the local top and the sellers are driving this down exactly as expected. The price already slipped over 5% to hit a low of 60.55, bringing us just cents away from our first take-profit target.
Momentum is firmly with the bears right now as volume starts to thin out on the bounce attempts. We are holding the rest of the position to see if the next leg down tests the key support level.
Are you holding this short down to the final target or taking profits here?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #CryptoTrading #Altcoins
🎯
Entry: 64 🔥
Target: 57 🚀
We locked in a clean entry on $HYPE at the local top and the sellers are driving this down exactly as expected. The price already slipped over 5% to hit a low of 60.55, bringing us just cents away from our first take-profit target.
Momentum is firmly with the bears right now as volume starts to thin out on the bounce attempts. We are holding the rest of the position to see if the next leg down tests the key support level.
Are you holding this short down to the final target or taking profits here?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #CryptoTrading #Altcoins
🎯