$HYPE 1H Setup Still Favors Sellers Below Key Resistance
LIMIT ORDER
$HYPE SHORT SELL
ENTRY: 65.7–66.364
TP1: 63.653
TP2: 61.996
TP3: 60.619
SL: Above the swing high that invalidates the bearish structure
Market Outlook (1H)
$HYPE has shifted into a bearish short-term structure after rejecting from the 65.7–66.364 resistance zone, with sellers maintaining control while price remains below these levels. The preferred short entry is on a retest of 65.7–66.364 with confirmation from a bearish engulfing candle, rejection wick, or lower timeframe lower high. Downside targets are 63.653, 61.996, and 60.619 if bearish momentum persists.
LIMIT ORDER
$HYPE SHORT SELL
ENTRY: 65.7–66.364
TP1: 63.653
TP2: 61.996
TP3: 60.619
SL: Above the swing high that invalidates the bearish structure
Market Outlook (1H)
$HYPE has shifted into a bearish short-term structure after rejecting from the 65.7–66.364 resistance zone, with sellers maintaining control while price remains below these levels. The preferred short entry is on a retest of 65.7–66.364 with confirmation from a bearish engulfing candle, rejection wick, or lower timeframe lower high. Downside targets are 63.653, 61.996, and 60.619 if bearish momentum persists.