$HYPE LOOKS OVEREXTENDED — EXPECT A COOLDOWN BEFORE NEXT LEG HIGHER 🔥
Entry: $64.80 - $65.30 🔥
Target: $63.80, $62.80, $61.50 🚀
Stop Loss: $66.20 ⚠️
The recent rally in $HYPE has been aggressive, but structure suggests exhaustion near current levels. Daily RSI is pushing into overbought territory and volume is declining on the push up — a classic divergence signal for a short-term retrace.
This setup targets multiple liquidity zones below, with the first grab at $63.80 being the most probable. The stop is tight above recent highs, keeping risk defined for a quick swing. Which target are you banking on first?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #Pullback #SwingTrade
⚡
Entry: $64.80 - $65.30 🔥
Target: $63.80, $62.80, $61.50 🚀
Stop Loss: $66.20 ⚠️
The recent rally in $HYPE has been aggressive, but structure suggests exhaustion near current levels. Daily RSI is pushing into overbought territory and volume is declining on the push up — a classic divergence signal for a short-term retrace.
This setup targets multiple liquidity zones below, with the first grab at $63.80 being the most probable. The stop is tight above recent highs, keeping risk defined for a quick swing. Which target are you banking on first?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #Pullback #SwingTrade
⚡