📉🥂 $HYPE The selling pressure continues, and the buyers are unable to maintain the rebound
Short selling trading plan
💹🔸 Entry range: $28.434 – $29.000
‼️ Stop loss level: $31.150
🎯 Take profit targets: $25.200 / $22.850 / $20.000
Market logic:
Order flow indicates that sellers are in absolute control, with highs gradually moving downwards and forming a weak price structure. Recent attempts at rebounds have encountered rapid suppression, leaving a dense area of stop-loss orders above. As buying demand gradually thins out, support levels begin to weaken, implementing a phased accumulation strategy to increase downside exposure. Currently, no active buying at low levels, and the market may accelerate downwards at any time.
If the price quickly recovers the previous highs, this bearish outlook will be invalidated; if a high-volume reversal pattern appears, an exit signal will be triggered immediately.
For trading and support $HYPE please go to the section below 👇
